Thirumalai Chemicals to begin new investment project
The board of Thirumalai Chemicals Ltd (TCL), at its meeting on the 2nd November 2021, has approved the investment in a project to manufacture phthalic anhydride and fine-chemicals at its site in Dahej in Gujarat, India. The investment will be funded by TCL’s internal accruals and borrowings.
The project includes a 90,000 ton per yr phthalic anhydride plant. It is scheduled for commissioning in H2 FY23-24. TCL already operates a phthalic anhydride plant at this site, commissioned about 6 mos ago. The project will use in-house technology. Phthalic anhydride is used widely to make colorants, resins for construction, infrastructure & housing, additives for polymers and inks.
TCL manufactures about 150,000 tons of phthalic anhydride, food ingredients and fine chemicals at its existing sites in Ranipet and Dahej combined.
TCL also manufactures about 50,000 metric t of maleic anhydride & derivatives from butane at its wholly-owned subsidiary in Malaysia.
TCL is currently implementing a large integrated butane to maleic anhydride and food ingredients (malic, fumaric acids & other derivatives) production facility, through a 100% owned step-down subsidiary in the United States. This facility is expected to be started-up in H2 FY23-24. TCL already produces these products in India and Malaysia since 1991.
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