Meghmani Finechem announced the successful commissioning of Epichlorohydrin (ECH) Plant of 50,000 TPA capacity. Despite a challenging external environment, the plant is commissioned on time and without any cost overrun, a testimony of the companys strong project execution skills. Meghmani Finechem is the first company in India to commission an ECH plant – a currently fully imported product. MFLs entry into this product is in line with the Governments initiative of Aatmanirbhar Bharat and Make in India. This will reduce the dependence of ECH consumer on imports thereby helping the country save its foreign exchange reserves. ECH can be manufactured through propylene or glycerin process, with glycerin process being the most environmentally friendly. MFL has opted the glycerin process, where key raw material being used is a fully renewable resource. This process significantly reduces the energy and water consumption thereby reducing the Companys carbon footprint.Powered by Capital Market – Live News
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.