Yasho Industries commences production at Rs 470cr facility in Gujarat

TAGS

Yasho Industries Limited (BSE: 541167 | NSE: YASHO | ISIN: INE616Z01012), a leader in the specialty and fine chemicals manufacturing sector in India, has officially started commercial production at its newly established Pakhajan Plant in Dahej District, Gujarat. The company has invested approximately Rs. 470 crore in setting up this facility, which is spread over 42 acres and boasts a capacity of 20,000 Metric Tons Per Annum (MTPA).

The project’s cost exceeded the initial budget of Rs. 400 crore due to an enhanced scope of automation aimed at improving efficiency levels, a 15% increase in capacity, and inflationary factors. This strategic investment reflects Yasho Industries’ commitment to expanding its operational footprint and enhancing its production capabilities.

See also  Anupam Rasayan signs $90m deal with Japanese firm for advanced chemical intermediates

Parag Jhaveri, the Managing Director & CEO of Yasho Industries, expressed his enthusiasm about the commencement of the new facility, stating, “We are pleased to announce the commencement of commercial production at our new facility, marking a significant advancement in our journey of growth. This expansive facility represents our commitment to enhancing our production capabilities and strengthening our competitive position in the market. We are confident that our new facility will not only strengthen our competitive position in the market but also provide us the requisite scale and capabilities to help us take the company to the next level. This will take us one step closer in our journey towards transforming Yasho into a leading global chemical manufacturer by offering best-in-class products.”

Yasho Industries commences production at Pakhajan Plant in Dahej, Gujarat

Yasho Industries commences production at Pakhajan Plant in Dahej, Gujarat

Yasho Industries is renowned for manufacturing fine and specialty chemicals, exporting its products globally. With over 30 years of industry experience, the management team has established manufacturing facilities capable of producing a wide range of products. The company has a robust global customer base, with more than 60% of its sales generated from exports. Yasho Industries is ISO 9001:2015 & FSSC 22000 certified and operates three manufacturing units in Vapi, in addition to the new unit at Pakhajan.

See also  Anupam Rasayan signs $90m deal with Japanese firm for advanced chemical intermediates

The establishment of Yasho Industries’ new production facility in Gujarat signifies a crucial milestone in the company’s expansion strategy. This move not only enhances Yasho’s production capacity but also underscores its commitment to innovation, efficiency, and sustainability in the chemical manufacturing sector. It is a strategic step towards achieving the company’s ambition of becoming a global leader in the chemical industry by leveraging state-of-the-art technology and sustainable practices.

CATEGORIES
TAGS
Share This