Himadri Speciality Chemical chalks out a capacity expansion plan with an investment of Rs 1,613 crore
Kolkata-based Himadri Speciality Chemical has outlined a capacity expansion plan, investing Rs 1,613 crore. According to the firm, the investment will be utilized in the following projects:
- Rs 1,125 crore in lithium iron phosphate (LFP)
- Rs 248 crore in speciality chemicals
- Rs 70 crore in carbon nanotubes
- Rs 170 crore in super speciality carbon black
There is a mix of greenfield and brownfield projects, which are expected to be completed by the fourth quarter of the next financial year.
Also Read: Himadri Speciality Chemical to invest Rs 5,000 crore in Andhra Pradesh
