Balaji Amines Limited announced commissioning of a greenfield project along with construction of 2 new plants. The Phase 1 of 90-acre Greenfield Project (Unit IV) has been completed and the DMC/PC and PG Plant will be ready to commence commercial production by the end of September 2022. This is estimated to result in annual production capacity of 15,000 tons of Di-methyl Carbonate (DMC)/Propylene Carbonate (PC) and 15,000 tons Propylene Glycol (PG).

The company believe this will also provide a strategic advantage of being the sole manufacturer of Di-methyl Carbonate (DMC) and Propylene Carbonate (PC) in India. Currently the annual domestic demand of Di-methyl Carbonate (DMC) is about 8,000 to 9,000 tons with main usage in Pharma and others, Propylene Glycol (PG) is about 170,000 to 180,000 tons & Propylene Carbonate (PC) is about 3,000 to 4,000 tons which are completely met by imports. DMC is also used in the production of Polycarbonate and Lithium Batteries - the consumption of which will exponentially grow in India backed by various government initiatives.

In the first year of operations, the company is confident of achieving capacity utilization of 60-70% at the DMC/PC and PG plant. In addition to commencement of the installed capacity mentioned above, the company has also started construction in Phase 2 of Greenfield Project (Unit IV) for below 2 plants. The Environmental Clearance for the same has been received well in advance.

The company expects to start operations at these manufacturing facilities around the closure of this current financial year.