To be set up by its subsidiary at existing manufacturing facility in Bharuch
Meghmani Organics announced that Meghmani Finechem (MFL), a subsidiary of the Company plans to set up Caustic Potash plant of 60 Mt. Per day at its existing manufacturing facility situated at Plot No. CH1 ,CH2, GIDC Dahej, Bharuch. The cost of the project is estimated at Rs. 65 crore. The Project is to commence commercial production by September 2015.MFL will earn revenue of Rs. 130 crore and Profit before Tax of Rs. 17 crore, in full financial operation of financial year 2016-17.
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