#Balaji amines - superb results, net consolidated profit 108 cr, OCF 232 cr , CWIP 140 Cr , capex per capex then another capex, non stop Solapur express.
Balaji Amines-
DMC plant is almost complete and we hope to commence operations by the end of May 2022. This plant will have capacity to manufacture about 15,000 tons of DMC per annum & 15,000 tons of Propylene Glycol per annum.
DMC plant is almost complete and we hope to commence operations by the end of May 2022. This plant will have capacity to manufacture about 15,000 tons of DMC per annum & 15,000 tons of Propylene Glycol per annum.
At peak capacity utilization, this plant will be able to generate revenue of Rs. 300 to 400 crore per annum. The company would be the sole manufacturer of DMC in India and currently the annual domestic demand stands at about 8,000 to 9,000 tons which is completely met by imports.
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