NOCIL Limited Approves Rs 250 Crore Capex for Capacity

NOCIL Limited

NOCIL Limited’s Board of Directors has sanctioned a capital expenditure of up to Rs 250 crore for expanding capacity in rubber chemicals at Dahej. Presently operating at 65% capacity utilization with 115,000 MTA capacity, the proposed enhancement accounts for 20% of the existing capacity. The majority of the capex will be covered by internal accruals.

Location:  Dahej Gujarat

Estimated Value (Rs. Cr): NA

Sector: Chemicals

Project Stage: Conceptual/Planning

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