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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Ritu Kumar
Label Ritu Kumar

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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