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Asahi Songwon Colors to begin work on Dahej unit by October 2019

Monday, 03 Jun 2019
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Asahi Songwon Colors is planning to set up a synthetic organic chemicals manufacturing unit at Dahej in Bharuch district of Gujarat.

The project will come up over 60,000 sq mtr of land parcel. The manufacturing unit will have a capacity of 1,665 tpm.

The new unit will be developed at a cost of Rs 268.55 crore and the funding for the the same will be done through bank loan and internal accruals.

The company has received environmental clearance from the Gujarat State Environment Impact Assessment Authority (SEIAA) for the project.

As per latest update available with Projects Today, Asahi Songwon Colors is awaiting other necessary approvals. The work on the project is expected to commence by October 2019.

The manufacturing unit once completed will create employment opportunities for 300 persons.

 
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