Godrej Industries' Chemicals Business has announced an investment of over Rs 750 crore for capacity expansion, aligning with its aim to become a USD one billion global business by 2030. The move underscores the company’s commitment to sustainability, with green chemistry at the core of its strategy.
The company plans to double its fatty alcohol capacity by 35,000 tonne per annum (TPA) and Erucic Acid capacity by 20,000 tonne per annum. Its specialities segment will see a threefold capacity increase with an additional 21,000 tonne per annum. Glycerine capacity will double with a 24,000-tonne boost, while fermentation capacity will triple with an addition of 1,500 tonne annually. Primary Surfactants capacity is also set to rise by 30,000 TPA.
To support its green initiatives, Godrej will ramp up hybrid power capabilities and aims to increase renewable energy usage to 75 percent. Godrej is incorporating energy-efficient processes, renewable energy, zero-waste goals, and green technologies such as biocatalysis, fermentation, and continuous manufacturing to reduce its environmental footprint.