Meghmani Finechem into chlorotoluene
Indian chlor-alkali producer Meghmani Finechem is to spend €21.6 million to expand into the chlorotoluene value chain at its site in Dahej, Gujarat. Due to be commissioned by Q4 2024, this will be the first plant in India to be back-integrated into toluene chlorination, and will produce pharmaceutical and agrochemical intermediates.
The company is simultaneously investing in an R&D centre for chlorotoluene at Changodar, near Ahmedabad, “which will help the company identify new molecules in Chlorotoluene eco-system and further strengthen the fully integrated facility This investment in R&D centre will be the foundation for the next phase of growth of speciality chemical market,” the company said.