14 April 2009 15:55 [Source: ICIS news]
NEW DELHI (ICIS news)--India’s Thermax plans to set up two specialty chemicals units at different locations at Jhagadia, in Gujarat state, at a total cost of Indian rupees (Rs) 1.05bn ($21m), a government official said on Tuesday.
The plan would see the company set up a Rs864m ion exchange resins plant with a capacity of 1,170 cubic metres/month, the official said.
The plant would produce three by-products: 521 tonnes/month of spent sulphuric acid, 137 tonnes/month of hydrochloric acid and 24 tonnes/month of polymers spherical dry beads.
The official said the company is in the process of securing environmental approval for the unit.
The government last month granted the company clearance for another specialty chemicals unit at Jhagadia, which would produce 1,880 tonnes/month of paper chemicals, oilfield chemicals and certain performance chemicals.
The company would invest Rs190m in this project.
The company’s chemicals division operates a 34,890 tonne/year capacity at Paudh, near Pune, in ?xml:namespace>
Thermax is a diversified engineering equipment and services company.
($1 = Rs49.80)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections