To meet the growing demand for plastics, state-owned Gujarat State Fertilizer & Chemicals Limited, India (GSFC) is expanding its Nylon-6 capacity with additional production of 15,000 MTPA.
Also keeping in mind the increasing demand of Melamine, GSFC is coming up with an additional plant of 40,000 MTPA to its existing capacity of 15,000 MTPA. "All these would contribute to significant savings of scarce foreign exchange," the company stated in an official communique.
According to the company, another notable venture is the Nylon-6 Fully Drawn Yarn (FDY) with capacity of 2,600 MTPA.
While the nylon-6 and FDY expansion would foresee investment worth Rs 125 crore and Rs 40 crore, that of melamine will see around Rs 1000 crore investment, taking the total investment in the expansion activities to Rs 1209 crore.
Meanwhile, the company is also planning expansion under its 'Sardar Package' which promotes the use of solar pumps using renewable energy, drip sets for efficient consumption and conservation of water, water soluble fertilizers to check loss of fertilizers through evaporation. "To help the farming community GSFC is putting up a large scale 60,000 MTPA plant of water soluble fertilizers which is expected to be commissioned soon," the company further stated.
