Balaji Amines’ speciality chemicals expansion gets mega project status from Maharashtra govt

Balaji Amines has announced that its subsidiary, Balaji Speciality Chemicals Ltd, has received the status of a mega project from the Maharashtra government for its proposed Rs. 750-crore speciality chemicals expansion project at Solapur.

The mega project status entitles the company to various incentives, subject to compliance of conditions of 'Package Scheme of Incentives, 2019'.

Solapur-based Balaji Amines manufactures is one of the largest manufacturers of aliphatic amines in India, supplying over 30 products and a production capacity of 2,31,000-mtpa. The company has been allotted 3,60,000 sq.metres (90 acres) land in MIDC Chincholi, Solapur. The company will use land for expansion projects.