| The Board of Laxmi Organic Industries at its special strategy meet on 29 and 30 July 2023 has approved a capital expenditure of Rs 710 crore for setting up a new manufacturing site at Dahej, Gujarat. This new manufacturing facility will have capability to produce multi products.
Product portfolio of the first phase will be:
• Specialties – Diketene and Ketene derivatives
• Essentials – Esters, Anhydrides and Aldehydes derivatives
The proposed capacity addition will be more than 1,00,000 tonnes per annum. The new site is expected to come on stream approximately in 3 years. |