Indian Peroxide to invest Rs 750 crore over 3-5 years on expansion

Must Read

Microsoft partners with Accenture to host virtual startup challenge in India

Microsoft 100X100X100 program that focuses to bring 100 companies and 100 early and growth startups will collaborate with Accenture Ventures Open Innovation program to host Accenture Ventures Challenge

SAP eyes India’s MSMEs with ‘Global Bharat’ program

With the aim to focus on MSMEs market in India, SAP has launched 'Global Bharat' program with Nasscom, UNDP and

With AWS Outposts, Amazon Web Services enters into data center in India

Amazon Web Services said that AWS Outposts, a new product that brings its cloud infrastructure to on-premises data center is now available in India

Limited (IPL), manufacturers and suppliers of specialty chemicals, has launched its new plant complex in . The company said that the new manufacturing facility produces industrial grade, premium quality and environmental friendly (H2O2). IPL offers in 35%, 50% and 60% concentration.

Along with new plant complex, IPL plans to invest Rs. 750 crore in next 3-5 years including capacity expansion for other chemical units leveraging synergy with the new H2O2 plant. Located in industrial hub of Dahej, , the manufacturing facility with an annual production capacity of 45000 tons of hydrogen peroxide started its first commercial delivery on 10th October 2018. The chemical complex sprawling across 150000 sqm is one of the biggest hydrogen peroxide manufacturing facilities in India. The production process is based on proprietary technology offered by Sweden based EB Nuberg, said the company.

The plant aims to serve the increasing local demand primarily for premium quality and high concentration grades of hydrogen peroxide used in demanding applications within the paper & pulp, textile and waste water treatment industries among other applications across different industries. The plant adheres to world class standards for health, safety and environment (HSE). With a focus on environment, Indian Peroxide Limited uses the Zero Waste Discharge Process. This process allows recycling of water and chemicals leaving no wastage of liquid in the whole production process. The chemical produced will be supplied through 35 kg and 50 kg carboys and tanker transport system of 20-25 ton capacity.

The company claimed that the new plant will help India in saving a significant part of its hydrogen peroxide import bill. In 2017, India imported about 25% of its total hydrogen peroxide consumption. “IPL’s new hydrogen peroxide complex is a flagship project for Indian market to support its growing demand for premium quality and environment friendly hydrogen peroxide. With best-in-class engineering and technology, we will set standards in terms of product quality, efficiency and environmental friendliness. The Swedish technology used in the production process ensures high quality H2O2 that will help end users to deliver better quality products to their customers,” said AK Tyagi, Chairman and Managing Director, Indian Peroxide Limited.

Hydrogen peroxide is an aqueous solution and a versatile chemical which is weakly acidic and is colorless. It is highly used as a bleaching and oxidizing agent in Paper & Pulp, Textile, Water Treatment, Pharmaceutical, Chemical and Electronics Industries. The usage of hydrogen peroxide includes oxidizing, bleaching, chemical synthesis, environmental control/ effluent treatment, sterilization etc.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

Leave a Reply

*The moderation of comments is automated and not cleared manually by techobserver.in. Embedding of any link and use of abusive or unparliamentary language are prohibited.
- Advertisement -

Latest in TECH

- Advertisement -SAP Hana

Related Articles