Kanoria Chemicals & Industries Limited (KCI), one of the leading Indian manufacturers of chemical intermediates, announced a capacity addition and commencement of production in its Formaldehyde manufacturing facility at Ankleshwar Chemical Works Division in Ankleshwar, Gujarat. The unit has enhanced its capacity to manufacture Formaldehyde by 50% to 75,000 TPA from the existing 50,000 TPA at an investment of Rs. 13 crores. This will add to an additional revenue stream of Rs. 6 crores every quarter to the company's topline.
Kanoria Chemicals & Industries Limited (KCI), one of the leading Indian manufacturers of chemical intermediates, announced a capacity addition and commencement of production in its Formaldehyde manufacturing facility at Ankleshwar Chemical Works Division in Ankleshwar, Gujarat. The unit has enhanced its capacity to manufacture Formaldehyde by 50% to 75,000 TPA from the existing 50,000 TPA at an investment of Rs. 13 crores. This will add to an additional revenue stream of Rs. 6 crores every quarter to the company's topline.
With past experience in the textiles and jute industries, Kanoria Chemicals & Industries Limited has incorporated a subsidiary company, Kanoria Africa Textiles Plc. in Ethiopia, Africa. A manufacturing plant set up there to initially manufacture 12 million metres of Denim per annum, was inaugurated by the Honourable Prime Minister of Ethiopia in October 2015. The state-of-the-art plant is equipped with comprehensive waste management systems and non-polluting electric boilers, making it a zero effluent facility and one of the first Green Denim plants in the world.
With past experience in the textiles and jute industries, Kanoria Chemicals & Industries Limited has incorporated a subsidiary company, Kanoria Africa Textiles Plc. in Ethiopia, Africa. A manufacturing plant set up there to initially manufacture 12 million metres of Denim per annum, was inaugurated by the Honourable Prime Minister of Ethiopia in October 2015. The state-of-the-art plant is equipped with comprehensive waste management systems and non-polluting electric boilers, making it a zero effluent facility and one of the first Green Denim plants in the world.
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