Vipul Organics receives environmental clearance for Ambernath plant
Vipul Organics has announced the receipt of environmental clearance for the proposed expansion of synthetic organic pigments and dyestuffs, pigment dispersion, naphthols, fast salts and vat dyes manufacturing at its existing Ambernath facility.
21 Feb 2024 | By Rahul Kumar
In the first phase, the company intends to expand its capacity to 250-mt/m
Granted by the Government of India, Ministry of Environment, Forest and Climate Change (issued by the State Environment Impact Assessment Authority (SEIAA), Maharashtra, the clearance will help Vipul Organics increase its total production capacity from the existing 10 mt/m to 508 mt/m at Ambernath.
In the first phase, the company intends to expand its capacity to 250-mt/m. The cost of this expansion will be through a mix of internal accruals and external borrowings. The company has already raised Rs 5-crore from the promoters through issues of Warrants.
“We are firmly committed to becoming the preferred provider of colourant to all segments of the industry. Our increased capacity at Ambernath is a testimony to the seriousness of our endeavours. With the expansion, the facility will become the single largest pigment producer in the country,” Vipul P Shah, managing director, Vipul Organics, said.
The company provides total colouring solutions to paint, printing ink, plastics and masterbatches, textiles, rubber and latex, agriculture, leather, dietary supplements and pharmaceuticals, food beverages and confectionaries industries.
See All