India’s GNFC eyes Dec start-up of new Dahej nitric acid lines
06 October 2010 09:41 [Source: ICIS news]
MUMBAI (ICIS)--India’s Gujarat Narmada Valley Fertilisers Co (GNFC) expects to begin operations at its two new nitric acid plants in Dahej, Gujarat state, by December this year, a company source said on Wednesday.
The plants, which have a combined capacity of 163,000 tonnes/year, are part of GNFC’s Indian rupees (Rs) 40bn ($901m) expansion plan at its chemicals complex, the source added.
Nitric acid is mainly used in the manufacture of ammonium nitrate, explosives, dyes and dye intermediates, pharmaceuticals, acrylic fibre and pesticides.
In addition, GNFC had earlier begun work on several projects that would expand its product portfolio over the next five years to meet India’s rising demand for chemicals, said the source.
The expansion plan included a new 40,000 ethyl acetate (etac) plant at Bharuch in Gujarat state, which was scheduled to come on stream in January 2011, added the source.
The company’s Rs16.55bn expansion of its toluene di-isocyanate (TDI) unit in Dahej, to be able to produce 65,000 tonnes/year, was also on schedule for completion by December 2011, the source said.
GNFC would then complete the conversion of feedstock for its 445,500 tonne/year ammonia plant – located at the same site in Dahej – from fuel oil to natural gas by June 2012, he added.
Meanwhile, feasibility studies were still ongoing for three joint venture (JV) projects with Gujarat State Financial Corp (GSFC) and Gujarat Alkalis and Chemicals Ltd (GACL) to produce polycarbonate and elastomers, according to the source.
($1 = Rs44.38)
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By: Priya Jestin
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