27 November 2008 15:54 [Source: ICIS news]
NEW DELHI (ICIS news)--BASF India Limited (BIL) has received government clearance to build two plants in Mangalore, in Karnataka state, which will produce textiles auxiliaries, pharmaceuticals and aroma chemicals, a government source said on Thursday.
BIL would invest rupees (Rs) 2.76bn ($55.8m) in the projects, the source said.
The source said BIL would set up a plant with a capacity of around 13,000 tonnes/year for textiles auxiliaries.
In addition, the source said BIL would expand its dyes capacity to 4,225 tonnes/year from 2,225 tonnes/year at its existing plant in Mangalore. It already produces 70,000 tonnes/year of dispersions at the site.
The source said BIL would also set up, in two phases, a multi-purpose organic chemicals plant to produce bulk drugs and aroma chemicals with a total capacity of 2,115 tonnes/year.
The plant would produce 11 pharmaceuticals, including the painkillers ibuprofen and tradamol hydrochloride, and aroma chemicals such as dihydrocitronellylnitrile (DHCN).
($1 = Rs49.48)
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