Excel Industries to set up 1265 MTPA specialty chemical facility at Lote site

Greenfield CommissionedCapex & Operations View source PDF

EXCELINDUS · price

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AI summary

Excel Industries is setting up a new 1265 MTPA facility at its Lote site to manufacture a specialty chemical. The project requires an investment of Rs 5.05 crores, funded through internal accruals, and is expected to be commissioned by February 2027. The new product will cater to both domestic and overseas markets and aims to diversify the company's product portfolio.

Likely market impact

New product diversification with modest capex funded internally; commissioning by Feb 2027 may support future revenue growth.