Jubilant Life Sciences to set up new chemical plant in Bharuch
February 14, 2013
Bharuch, 14 February 2013
Jubilant Life Sciences (JLS) today announced its plan to set up a 24,000 tonne per annum (TPA) manufacturing plant to produce Symtet, a key ingredient for making insecticide chemical ‘Chlorpyrifos’, commercially known as Symtet/TCP in the Special Economic Zone, at Bharuch in Gujarat, as part of its nearly Rs 350 crore capacity expansion plans for the next fiscal.
The new plant will also manufacture chlorinated pyridine derivatives with an annual production of 5,000 tonne, according to the company statement.
The facility, which is expected to be operational from the fourth quarter of FY 2012, will make Jubilant the largest producer of Symtet globally catering to more than 40% of the worldwide demand, the company said.
“Jubilant will be the only company in the world manufacturing Symtet through this environment friendly technology, developed by inhouse R&D having complete backward integration up to the basic feed stock,” JLS CMD Shyam S Bhartia and Co-Chairman and MD Hari S Bhartia said.
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