Gujarat Alkalies and Chemicals Ltd. will start manufacturing hydrazine hydrate, a liquid industrial material, at its new plant in Gujarat, a company executive said on Saturday.
India imports almost all of its annual requirement of 17,000 tonnes of hydrazine hydrate, which is mainly used as a starting product in agrochemical, pharmaceutical, automotive and leisure industries. The GACL unit “will be the first large-scale factory of hydrazine hydrate and will cut down the nation’s import of the chemical by 60%,” Swaroop P., the company’s managing director, told Reuters.
The new factory, which will produce 10,000 tonnes of hydrazine hydrate annually, cost $49 million. It will be inaugurated by Prime Minister Narendra Modi on Monday.
The company produces hydrogen peroxide, technical and food grade phosphoric acid and caustic potash, among other chemicals.
