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

Hong Kong's TK eyes expansion, may buy Nypro Tool operation

September 19, 2014 2:49 pm ET

Hong Kong-based mold maker and plastics processor TK Group (Holdings) Ltd. said it's reached a tentative agreement to buy a tooling factory in...    More

Image

Foster building medical polymers plant

September 19, 2014 1:39 pm ET

Foster Delivery Science is investing $8 million in a new plant in Putnam, Conn., for production of medical polymer blends, as well as rods, film or...    More

Image

BP to restart damaged PTA unit in limited capacity by November

September 19, 2014 10:27 am ET

British Petroleum plc may restart its fire-damaged purified terephthalic acid (PTA) feedstock unit in South Carolina in late October or early...    More

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would inc...    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

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events