Latest news with #GodrejIndustriesLimited
Fibre2Fashion
04-07-2025
- Business
- Fibre2Fashion
India's Godrej Chemicals boosts capacity, aims for global growth
Godrej Industries Limited's Chemical Business announced significant capacity expansions in sync with the company's growth plan to become a USD 1 Billion global business before 2030. With a total capital outlay for expansions to exceed INR 750 Crore (~$90 million) over the next few years, the company has already kicked off several projects. The company announced doubling of its Fatty Alcohol and Euric Acid capacities with an addition of 35,000 tons per annum and 20,000 tons per annum respectively. It has tripled its specialities capacity with an addition of 21,000 tons per annum while the glycerine capacity will be doubled with an addition of 24,000 tons per annum. The fermentation capacity will also see a threefold increase with an addition of 1,500 tons per annum. It plans to increase the Primary Surfactants capacity with an addition of 30,000 ton per annum. Additionally, to support the company's sustainable operations, it will enhance its hybrid power capabilities thereby increasing renewable energy usage to 75 percent. Godrej Industries' Chemical Business plans to invest over INR 750 Crore (~$90 million) to expand capacities across key products, aiming to become a USD 1 billion global business by 2030. It will significantly boost output of fatty alcohols, surfactants, and fermentation products, while increasing renewable energy use to 75 per cent, reinforcing its sustainability and green chemistry focus. Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals ) said 'Consistently achieving double-digit volumes and revenue growth year after year, it's a very exciting time for us here at Godrej Chemicals. The significant investments in our R&D and Commercial teams reflect our commitment to Sustainable Operations and Green Products in our quest to deliver innovative solutions to our customers across all market segments. Our capacity additions align with our long-term aspirations to become a USD 1 Billion global business before 2030. On behalf of our entire team, I thank our customers, suppliers and stakeholders for their great support which is enabling our strong progress year after year.' The company sees Green Chemistry as an important pillar in its growth strategy. While it is reducing its environmental footprint through energy efficient processes, adoption of renewable energy and zero waste goals, it is also leveraging biocatalysis, continuous manufacturing and fermentation for green, efficient and milder innovations. Hence, today's announcement further reinstates the company's strong focus on sustainability, innovation, and tailored solutions for its focus segments. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
Business Upturn
03-07-2025
- Business
- Business Upturn
Godrej Industries to invest Rs 750 crore in chemical business expansion
By Aman Shukla Published on July 3, 2025, 10:27 IST Godrej Industries Limited's Chemical Business has announced a major expansion initiative as part of its strategic roadmap to become a USD 1 billion global player by 2030. With a planned investment of over ₹750 crore in the coming years, the company is scaling up its manufacturing capabilities across key product categories to meet growing domestic and international demand. The expansion includes doubling the capacity of Fatty Alcohol and Euric Acid by 35,000 tons and 20,000 tons per annum respectively. The company is also tripling its specialities capacity by adding 21,000 tons annually, while glycerine capacity is being doubled with an additional 24,000 tons. Fermentation capacity is set to rise threefold with 1,500 tons per annum added, and Primary Surfactants production will see an increase of 30,000 tons per annum. In line with its commitment to sustainability, Godrej Industries will significantly boost its hybrid power infrastructure, aiming to achieve 75% renewable energy usage in its operations. This move aligns with the company's broader focus on Green Chemistry, which includes adopting energy-efficient processes, renewable power, and zero-waste practices. Godrej is also investing in advanced technologies such as biocatalysis, continuous manufacturing, and fermentation to deliver greener, more efficient, and milder chemical solutions. These initiatives underscore the company's commitment to sustainable growth, innovation, and meeting evolving market needs through environmentally responsible practices. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
