J.B. Chemicals & Pharmaceuticals Ltd. Announces Capacity Expansion and New Manufacturing Lines
Oct 01 2024 | 9 months agoJ.B. Chemicals & Pharmaceuticals Ltd. has approved a capacity addition to its existing IV manufacturing facility at Panoli, Gujarat. The expansion includes the establishment of dedicated manufacturing lines for Povidone/lodine liquid and Ointment. The proposed capacity addition for the IV manufacturing is 20 lakh bottles per month, which is expected to be added by December 31, 2025. The company will invest approximately Rs. 49.49 crores + GST for this expansion, financed through internal accruals. For the Povidone/lodine liquid and Ointment, the proposed capacity addition is 20 lakh per month for liquid and 12 lakh per month for ointment, expected to be established by September 30, 2025, with an investment of approximately Rs. 21.55 crores + GST, also financed internally.
- Capacity addition of 20 lakh bottles per month for existing IV manufacturing facility
- Establishment of dedicated manufacturing lines for Povidone/lodine liquid and Ointment
- Investment of approximately Rs. 49.49 crores + GST for IV manufacturing and Rs. 21.55 crores + GST for Povidone/lodine liquid and Ointment
- Financing for the expansion will be through internal accruals
- Expected completion date for IV manufacturing capacity addition is December 31, 2025, and for Povidone/lodine liquid and Ointment is September 30, 2025