Shivtek Spechemi Industries to invest Rs 650 crore in two new plants in Gujarat and Rajasthan

Shivtek Spechemi Industries will invest Rs 650 crore to set up two new specialty chemicals manufacturing plants in Gujarat (near Hazira port) and Rajasthan. The facilities will increase total capacity from 150,000 MTPA to 650,000 MTPA and create over 500 jobs. Construction begins in 2026, with production expected between 2028 and 2029.

“These new plants will enable us to serve a broader market with greater efficiency while setting new benchmarks for environmentally responsible manufacturing.”economictimes.indiatimes.com

• 2 sources
• economictimes.indiatimes.comShivtek Spechemi Industries to invest Rs 650 cr on two new plants in Gujarat, Rajasthan - The Economic TimesApr 16, 2025
• manufacturing.economictimes.indiatimes.comShivtek Spechemi Industries Ltd: Shivtek Spechemi Industries to invest ₹650 cr on two new plants in Gujarat, Rajasthan, ETManufacturingET ManufacturingApr 16, 2025

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