Shivtek Spechemi Industries announced a new manufacturing facility near Hazira, Gujarat, as part of a Rs 650 crore investment to scale production capacity to 650,000 MTPA, with the new facility operational from 2027.
Shivtek Spechemi Industries Ltd announced a new manufacturing facility near Hazira, Gujarat, with an investment of Rs 60 crores, a production capacity of 250,000 MTPA by 2027-28, producing bio-based additives, solvents, and specialty additives.
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.
| Site | Largest | Latest |
|---|---|---|
| Hazira, India | $78.0M | 2025-06-06 |
| Gujarat (near Hazira port) and Rajasthan, India | $78.0M | 2025-04-16 |