Kenya, March 17 -- The company currently has a rubber chemicals capacity of 115,000 MTA, with utilization levels at around 70%. The proposed capacity addition involves expansion of some of its peak utilization products of the Rubber Chemical Portfolio. The brownfield expansion at Dahej will involve setting up a comprehensive integrated facility including backward integration of its inputs, in the specialty rubber chemicals business. The proposed investment is expected to contribute to revenue growth, operational efficiencies, and improved market positioning over the medium to long term and help the company to expand / enhance its presence in local and global markets.

The total investment will be largely funded through internal accruals. ...