Ahmedabad-based Meghmani Organics, a leading global player in the manufacture and marketing of pigments, agrochemicals and specialty chemicals, is setting up a new high performance pigment (HPP) plant at its Vatva site that will include a pilot plant and research and development centre. The total cost of the project is Rs 14.52 crore.
The factory building will come up on 2,130 sq. metres of land adjacent to the existing facility. The total built-up area of the civil works comprising the pilot plant building, R&D building, effluent treatment plant, tank farm and production shed is estimated to cost Rs 1.3 crore. Civil works will be completed by June 2007 and commercial production is expected to start by October.
The company recently acquired Agronule Industries from Glenmark Pharmaceuticals which used to manufacture formulation of agrochemicals. Meghmani intends to use the Agronule facility to set up a multi-purpose plant to manufacture technical grade pesticides and formulations. The estimated cost for setting up of this facility is Rs 11.42 crore. Civil works and modifications to existing structure will be completed by December 2007. Commercial production will start from April 2008.
Meghmani Organics is also planning to establish a captive power unit at its exiting unit at Chharodi. The power plant may be implemented either in Meghmani or a special purpose vehicle may be floated for the purpose. The CPP would be mainly used to meet the power requirements of the Chharodi unit. The total cost of the project is estimated at Rs 14.41 crore. The company is in the process of identifying a suitable plot of land for the project. Commercial operation is scheduled to commence by April 2008.

Contact: Meghmani Organics Ltd, Meghmani House, Shrinivas Society, Off New Vikas Gruh Road, Paldi, Ahmedabad, Gujarat 380007. Tel: 079-25831210; Fax: 079-25833403; E-mail: helpdesk@meghmani.com & exports@meghmani.com