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Rossari Biotech commissions its greenfield facility at Dahej

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Capital Market
Last Updated : Mar 31 2021 | 6:04 PM IST
Rossari Biotech announced that it has fully operationalised all phases of its Greenfield manufacturing facility at Dahej, Gujarat successfully. The facility will be further augmented by R&D, automation, administration, and other corporate facilities in the coming quarters.

This facility is a state-of-the-art automated unit, bringing higher cost-efficiencies and economies of scale. The plant enjoys proximity to various ports such as the Hazira port, the upcoming deep-water and multi-cargo port of Dahej and another one coming up at Mundra.

This will help provide a solid cost and logistical advantage to the Company. The Greenfield facility will have a total installed capacity 132,500 MTPA, enhancing the total capacity of Rossari by 2.1x to 252,500 MTPA. A strong upcoming pipeline of new product launches and new business lines within the four core chemistries should enable the Company to sustainably ramp-up utilization levels at the Dahej unit over the next 3-4 years.

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First Published: Mar 31 2021 | 5:50 PM IST

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