Shivtek Spechemi Industries Ltd, a Gurugram-primarily based speciality chemical producer and a part of the Shiva Group of Industries, has introduced that its new production facility close to Hazira might be operational via 2027.
The facility, related to investment of Rs. 60-crore and spread across over 1 million square feet, may have a manufacturing capacity of 2,50,000-mtpa by 2027-28 and to establish the manufacturing of bio-primarily based additives, solvents, and speciality petrochemicals. The enterprise stated the location gives easy access to to major ports along with Hazira, Dahej, Kandla, and Mundra, ensuring seamless connectivity for each imports and exports. The growth is further supported by a 5,000-KL storage facility and a dedicated warehousing space of 1,50,000 square feet for export orders and products from the enterprise’s existing Dahej (Gujarat) plant.
In April this year, Shivtek Spechemi had first introduced plans to invest Rs. 650-crore to set up production centers in Gujarat and Rajasthan. The enterprise had stated the approaching plants could together upload a capability of 500,000-mtpa, raising Shivtek’s total capability to 650,000-mtpa from its recent a 150,000-mtpa across three operational plants in Dahej (112,800-mtpa), Kurnool, Andhra Pradesh (22,800-mtpa), and Rajpura, Punjab (14,400 hundred-mtpa).
Commenting on the milestone, Dr. Amitt Nenwani, Managing Director, Shivtek Spechemi, stated, “Investment in Hazira aligns with the enterprise’s long-time vision of sustainable innovation of sustainable innovation within the speciality chemical sector. The upcoming plant represents a tremendous strategic enlargement for Shivtek, driven via clear logistical, industrial, and market-orientated considerations”.
