Excel Industries to Add 1265 MTPA Specialty Chemical Facility

Excel Industries Ltd is proposing to commission a new project to set up a 1265 MTPA facility for manufacturing a specialty chemical at its Lote site. The project requires an investment of ₹5.05 crores, to be financed through internal accruals. This expansion aims to diversify the company's product portfolio. The new specialty chemical is expected to be launched by February 2027, post-commissioning, catering to both domestic and overseas markets with potential in a wide range of geographies.