Meghmani Organics Limited announced commissioning of Phase 1 of Titanium Dioxide (TiO2) plant at Dahej, Gujarat with an installed capacity of 16,500 metric tonnes per annum (MTPA). Meghmani had acquired Kilburn Chemicals Limited for INR 1,320 million in December 2021 by making 100% upfront payment. Post which the company incurred total capex to the tune of INR 2,750 million including the acquisition cost and commissioned the first phase in January 2023.

Under Phase II of expansion, the company plans to double its capacity to 33,000 MTPA alongwith Captive Power Plant at a capex of INR 3,750 million which is expected to commission by third quarter of fiscal year 2024.