Home / Knowledge / News / Textiles / Meghmani commences production at Dahej Chlor-Alkali Project
Meghmani commences production at Dahej Chlor-Alkali Project
06
Oct '09
The Re 550-Crore fully integrated Chlor-alkali project of Meghmani Finechem Ltd (MFL), promoted by the Ahmedabad based Meghmani Organics Ltd(MOL) has commenced commercial production.

The plant with a manufacturing capacity of 110000 tonnes of caustic soda a year is located at Dahej in South Gujarat. The unit also houses a 40 megawatt captive power plant.The project has been funded with equity of Rs 185 Crores and a debt of Rs 370 Crores provided by a consortium of State Bank of India. The Washington-based International Finance Corporation (IFC), part of World Bank, has supported the project with both equity and debt.

MOL has ventured into the project to improve its competitiveness by partial backward integration of its operations while using environment-friendly membrane cell technology. MFL is utilizing the latest 4th generation Membrane Cell Technology from Asahi Kasei Chemicals Corporation (AKCC) Japan, one of the most established technology providers for the manufacture of Chlor-alkali chemicals in the world. The caustic-chlorine chemicals are used in a multitude of industries including pigments, pesticides, production of metals and resource materials, pulp and paper, petroleum and natural gas extraction, manufacture of organic chemicals, plastics, industrial solvents, water treatment chemicals and Pharmaceuticals.

Due to their wide ranging applications across industries, demand for Caustic Soda and Chlorine Gas are increasing which would be catered to by MFL. For MOL, the project presents a sound opportunity for the Group to achieve inorganic growth in a diversified yet chemistry-related business with positive growth potential. MOL also views MFL as the vehicle for the future investments and growth which would build on MOL's technical expertise and existing operations.

MOL has set up this fully integrated plant to manufacture caustic soda, chlorine and hydrogen gas initially. In the subsequent phase MFL would enter into the production of chlorine derivatives or downstream products such as PVC, ECH, Mono-chloro Acetic acid, Cyanuric chloride, aluminum chloride, calcium chloride, methyl chloride, hydrogen peroxide and others. MOL is also setting up its proposed Agrochemical expansion in the vicinity of Caustic Chlorine complex of (MFL).

The basic advantage will be the availability of Chlorine from MFL through pipeline for production of MCAA as well as for the production of 2, 4-D. This will help MOL in reducing the cost of production of MCAA. It will also ensure steady supply base of chlorine for MFL.

Meghmani Organics Ltd


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search