GSFC expanding nylon 6 capacity in India

By Satnam Singh
Correspondent

Published: October 24, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

CALCUTTA, INDIA (Oct. 24, 2 p.m. ET) — State-owned Gujarat State Fertilizers & Chemicals Ltd. of Baroda, India, is expanding its nylon 6 capacity, manufacturing the engineering resin under the brand name Gujlon.

“We have the largest capacity of … nylon 6 in the country and we are further expanding by doubling the manufacturing capacity at our Baroda plant,” said a GSFC official at Indplas’12, held Oct. 5-8 in Calcutta.

The company is investing about $40 million to build a new plant adjoining the existing facility. The expansion will increase GSFC’s capacity for the material to 66 million pounds annually. The main raw material for nylon 6 is caprolactam, which is available from captive capacity.

The plant should begin operating in 2014, the official said.

GSFC cited a widening demand-supply gap in nylon 6 availability in the country. Total annual demand is estimated at around 88 million pounds. While GSFC currently meets much of that demand, the rest is imported.

The company also is targeting the increasing size of the automobile industry and growth in the fishing industry in southern India.


Comments

GSFC expanding nylon 6 capacity in India

By Satnam Singh
Correspondent

Published: October 24, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Resin market has consolidated as it matured

November 28, 2014 6:00 am ET

The classic quantity vs. quality debate has played out in the ranks of North American resin makers in the last 25 years.    More

Image

Sipa buys Automa's PET bottle machinery business

November 28, 2014 10:02 am ET

Sipa SpA has acquired the injection-stretch-blow molding (ISBM) equipment business of Automa SpA. No transaction price was disclosed in the...    More

Image

'Evolution, not revolution' on the horizon for A. Schulman

November 28, 2014 6:00 am ET

Bernard Rzepka's schedule for his first year as CEO of compounding leader A. Schulman Inc. does not include reinventing the wheel.    More

Image

Penn Color plans $10 million expansion

November 28, 2014 6:00 am ET

Penn Color Inc. will break ground late next year on a 100,000-square-foot expansion of its manufacturing site in Hatfield, Pa.    More

New liquid colorants for PET packaging released

November 28, 2014 6:00 am ET

PolyOne Corp. has launched a line of new liquid colorants for PET packaging in personal care and cosmetic products.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events