Expansion24 Jul 2026, 02:36 pm
Atul Ltd Approves ₹167 Cr Expansion for Phenoxy Herbicides
AI Summary
Atul Ltd's Board of Directors has approved a significant capital expenditure of ₹167 crore for a new manufacturing facility. This expansion will introduce a capacity of 1,000 tpa for Mecoprop-p (MCPP-p) and 750 tpa for 2-methyl-4-chlorophenoxyacetic acid (MCPA). The project is slated for completion within 67 weeks. The investment, funded through internal accruals, aims to broaden the company's product portfolio and enhance its market position in Phenoxy herbicides, while also enabling the production of value-added downstream products from o-Cresol and MCA.
Key Highlights
- Board approves ₹167 crore capital expenditure for new manufacturing facility.
- New capacity includes 1,000 tpa MCPP-p and 750 tpa MCPA.
- Project completion expected within 67 weeks.
- Expansion aims to strengthen Phenoxy herbicides portfolio and downstream products.
- Financed through internal accruals.
Price Impact
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