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Yasho Industries to set up greenfield project

Thursday, 17 Mar 2022
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Yasho Industries, speciality and fine chemicals manufacturer, has announced a capital expenditure of Rs 350 crore for Phase-1 of greenfield project at Pakhajan (Dahej), Gujarat.  
 
The company's board has approved the investment for Phase-1 at its new facility to manufacture lubricant additives and rubber chemicals with a total capacity of 15,500 tpa.  
 
Post expansion, the total ETwill increase from 11,000 tpa to 26,500 tpa with a revenue potential of Rs 500-550 crore in Phase-1 at full capacity utilisation. 
 
The project is expected to be completed in 24 months after receiving all necessary government approvals. The capital expenditure will be financed through a combination of internal accruals and debt.
 
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