Meghmani Finechem plans Rs 140-crore chloromethane plant in Dahej

The Ahmedabad-based Meghmani Finechem Ltd (MFL), a subsidiary of Meghmani Organics Ltd (MOL), is planning to invest Rs 140 crores for setting up chloromethane plant of 40,000 metric tonne per annum (MTPA) at Dahej, Gujarat. The plant will produce methylene dichloride (MDC), chloroform and carbon tetra chloride.

The plant, to be established at existing manufacturing facility of MFL situated at GIDC Dahej, will be commissioned in March 2018.

“MFL in line with the company's strategic intent of expanding its chemicals business has considered the proposal pertains to chloromethane (CMS) plant at an estimated cost of Rs 140 crores in its chemical complex at Dahej in Gujarat. The basic advantage to set up CMS plant at the present complex is availability of ready infrastructure and usage of 41000 metric tonne per annum of chlorine. This will help MFL in reducing the cost of production of CMS plant and profitability of the company," said Meghmani Finechem in a press release.