This is Silox’s one of the biggest investments in India
Arete Group, that operates Payal Industrial Park (PIP) in Dahej, has declared that Silox India, the Indian subsidiary of Belgium-headquartered Silox Group, has secured 35 acres of industrial land at its Park for the development of its advanced Inorganic chemical substances manufacturing facility.
The estimated initial investment of Rs 600 crores makes this certainly one of Silox’s largest investments in India to this point, with commissioning predicted by the end of 2027.
The groundbreaking rite for greenfield venture was graced by Didier Vanderhasselt, Ambassador of the Kingdom of Belgium to India, along with Silox Group’s global and Indian teams including Jean-Christophe Bogaert, Chairman of the Board, Andre Petitjean, Djivan Djierdjian, Paresh Saraiya and Shiba Prasad Bharti.
Commenting on the milestone, Siraj Saiyed, Director at Arete Group, said: “We are proud to have a international chief Silox within our park. Their choice to establish their new green field venture at PIP is a testament to our commitment to providing an ecosystem that assist innovation, global standards, and sustainable industrialization. This transaction also emphasize Gujarat’s prominence on the global investment map.”
Prakash Raman, MD of Silox India, offered an in-depth evaluation of the new venture , outlining its scope, technological roadmap, and projected commissioning by the the end of 2027.
“This new green filed venture is a leap forward in our India developing strategy. This facility will not only improve our production footprint in South Asia however also permit us to bring worldwide best practices to India’s industrial sector. We thank the PIP for their exceptional help in allowing this vision.” Raman stated.
The 35-acre venture site will house superior manufacturing units to produce performance chemicals and used throughout industrial applications along with Textiles, Paints and Coatings, Automotive, Industrial and Sustainable energy solutions.
Lately, Arete Group released Phase 2 of PIP, including 850 acres of integrated commercial infrastructure and introduced a Rs. 1,200 crore funding in the overall Infrastructure growth in the park across a couple of phases. This phase will feature plug-and-play centers, upgraded not unusual effluent treatment plants (CETP), and devoted utilities for dangerous and non-dangerous production, making it perfect for specialty chemicals, advanced materials, and energy-linked industries.
Strategically positioned in Gujarat’s Petroleum, Chemicals & Petrochemicals Investment Region (PCPIR), PIP is India’s biggest privately included industrial park, spanning over 3,500 acres. It has already attracted main names along with ALTANA AG, Hindalco, Gharda Chemicals, and Perfect Day Inc., and is now growing into a world-class hub for green industrial innovation. The infrastructure also includes a 2.5 MLD CETP, scalable to 50 MLD, and plans for on-site green hydrogen generation, biomass-powered steam generation, and a live-work ecosystem with 1,000+ residential units for the team of workers.
