Jesons Industries Ltd (JIL) is planning to set up a plant in Chennai for manufacture of adhesives, binders and pigments with an installed capacity of 25,000 MTPA at a project cost of Rs. 22 crore. The same is expected to be funded in DER of 3:1. The company is in the process of land acquisition and tying up the debt for the said project. The project is expected to commence commercial operations in September 2016.
JIL is one of India’s largest manufacturers of industrial adhesives and emulsions. The company has been in the adhesives business for the past thirty years and has manufacturing facilities at Daman and Rourkee. The company’s adhesives and pigment products are marketed under the brand name ‘Bondex’.