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Leading speciality chemicals manufacturer, Shivtek Spechemi Industries Ltd, a flagship company of the Shiva Group of Industries, has announced its strategic expansion plans of
investing Rs 6.5 billion to establish new state-of-the-art chemical
manufacturing units in Gujarat and Rajasthan. The expansion will boost the
organisation’s production capacity of caustic soda, chlorine, and high demand
derivatives such as chlorinated paraffin and chlorinated polyethylene. The
biggest USP of the new facilities includes their strong focus on green
manufacturing and environment friendly product lines.
The upcoming Gujarat facility will be strategically located near the
Hazira port, offering cost-effective logistics and seamless connectivity to
both domestic and international markets. Meanwhile, the Rajasthan plant has
been chosen for its robust industrial infrastructure and advantageous proximity
to northern distribution hubs. Together, these new facilities will
significantly augment Shivtek Spechemi’s manufacturing capabilities to up
to 6,50,000 MTPA, enhancing the company’s current total production capacity
of 1,50,000 metric tons per
annum (MTPA). Importantly, CRISIL reaffirmed the company rating for Shivtek
Spechemi as A minus for three years in a row, underlining its superlative
sustainable manufacturing capabilities.
Speaking on the occasion, Dr Amitt Nenwani, Managing Director,
Shivtek Spechemi Industries Ltd said, “This investment will mark a pivotal
step in Shivtek Spechemi’s growth journey as we align ourselves with India’s
ambition to become a global manufacturing hub for specialty chemicals. By
expanding our footprint in Gujarat and Rajasthan, we are not only enhancing our
production capabilities but also reinforcing our commitment to sustainable
innovation, import substitution, and value creation for our customers
worldwide. These new plants will enable us to serve a broader market with
greater efficiency, while setting new benchmarks for environmentally
responsible manufacturing in the industry.”
Construction of the new plants is set to begin in 2026, with production
expected to commence between 2028 and 2029. The new plants are expected to span
across 100 acres. area and generate over 500+ jobs in a span of 3 years, while
hosting advanced, eco-friendly technologies. These facilities will also pioneer
the production of certain high-grade chlorinated compounds for the first time
in India, contributing to import substitution and strengthening the nation’s
chemical export capabilities.
Spanning across 100 acres, the new plants are expected to generate employment of 500+ jobs in a span of 3 years.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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