Meghmani Organics begins commercial production at Dahej SEZ unit

Meghmani Organics Ltd has installed and commissioned eco-friendly manufacturing facility at Dahej SEZ Ltd, Bharuch (Gujarat), to produce CPC Blue crude (600 tonne per month), Beta Blue (300 tonne per month), alpha Blue (100 tonne per month) with less hazardous and eco-friendly raw material.
 
Ashish Soparkar, Managing Director, Meghmani Organics Ltd, said that the pigment expansion project, in which the company has till date spent approximately Rs 120 crore from its internal accruals, has started commercial production from 1 December 2013. Meghmani Organics will generate estimated revenue of Rs 200 crore and profit before tax of Rs 20 crore from full year of operation in FY 2015. The profit generated will be tax free as the project is in SEZ.
 
Meghmani Organics is presently manufacturing and selling CPC Blue crude, beta blue, and alpha blue at its pigment Panoli plant and has proven indigenous technology to manufacture the product.