Himadri Speciality Chemicals Plans INR 1,613 Crore Capacity Expansion

Himadri Speciality Chemicals planned to invest ₹1,613 crore across lithium iron phosphate, speciality chemicals, carbon nanotubes, and super speciality carbon black.

The proposed investments involve a mix of greenfield and brownfield projects to be completed by the fourth quarter of the next financial year.

The company holds a nearly 67-percent share of the domestic naphthalene market and has launched anthraquinone for import substitution and exports.