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Ultramarine & Pigments to set up surfactants unit in Andhra Pradesh

Thursday, 28 Feb 2019
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Ultramarine & Pigments is planning to set up a surfactants unit at APIIC Industrial Park, Naidupet in Andhra Pradesh. The unit will be set up with a capacity of 40,000 tpa, and inorganic pigments unit with capacity of 8,400 tpa. The project will spread over 28.79 acre of land.

The Andhra Pradesh Industrial Infrastructure Corporation is likely to allot land for the project. The unit worth Rs 254 crore will be funded through bank loan.

In February 2018, the Board of Directors approved the project and in October 2018 the project was accorded terms of reference (ToR) by the State Level Environment Impact Assessment Authority (SEIAA).

In the latest update shared with Projects Today, it was revealed that land acquisition work was underway. Work on the project is expected to commence by August 2019.

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