Yasho Industries, a manufacturer and supplier of specialty and fine chemicals, announced that the Board of Directors has approved a capital expenditure (capex) of upto Rs 10 crore for enhancement of capacity.
The capacity will be raised from 9,200 tpa to 11,000 tpa through de-bottlenecking and additional ancillary equipments.
For FY21, the company is running at around 84 percent capacity utilisation at Vapi facilities, Gujarat.
The capacity expansion is expected to commercialise by Q3/FY22 and will be able to serve incremental demand during FY22.