Vinati Organics will expand ATBS capacity from 40,000 tonne to 60,000 tonne. The project will entail a capex of Rs 300 crore which will be funded by internal accruals.
The project is expected to be commissioned by December 2023. The capital expenditure in Veeral Organics, a wholly-owned subsidiary of Vinati Organics is under progress.
The total capex is approximately Rs 280 crore and the products include 2,000 tonne of MEHQ and Guaiacol and 30,000 tone of Iso Amylene. These products are used in polymerisation inhibitors, flavours, fragrances, pharmaceuticals and pesticides. The project is expected to be commissioned by September 2023.