New Delhi, Aug 31 (PTI) Integrated chemical manufacturer Epigral Ltd on Thursday said it will set up a CPVC compound manufacturing facility with a capacity of 35,000 tonnes per annum (TPA) at an expenditure of Rs 25 crore at its Dahej plant in Gujarat.

The chlorinated polyvinyl chloride (CPVC) compound facility is expected to be commissioned by the fourth quarter of 2023-24, Epigral, formerly known as Meghmani Finechem Ltd, said in a filing to BSE.

Also Read | G20 Summit 2023 in Delhi: From Date to Theme and Objectives to Significance, Here's All You Need to Know as India Presides Over Group of 20 Conference.

The company is expanding its CPVC Resin capacity to 75,000 TPA at the Dahej plant from the existing 30,000 TPA by the fourth quarter of FY24. A part of this capacity will be utilised for CPVC compound manufacturing with an additional capex of Rs 25 crore, enabling the company to cater to both CPVC Resin and CPVC Compound customers in the country.

Chemical maker Epigral is India's fourth largest manufacturer of caustic soda, chlorine and hydrogen and a leading maker of caustic potash, chloromethanes and Hydrogen Peroxide.

Also Read | US Military Plans to Unleash Thousands of Autonomous War Robots Over Next Two Years.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)