20 Microns, largest chemical producer considers Expansion plan

VADODARA: 20 Microns produces innovative range of products including extenders, functional fillers and various special chemicals for paper, plastic and paint industries by considering an expansion plan. The company is known as a largest India’s manufacturer of Micronised White Minerals.

20 Microns took Upgrading existing production infrastructure and facilities as well as expanding production capacity at cost of Rs.88 crores. At diverse locations, it shall enhance the production capacity up to 61,800 MT per annum for Hydrous Clay, Calcined Clay and Speciality Chemicals. After the project completion, the installed capacity of company shall be 279,200 MT per annum and it will have turnover up to Rs.113 crores.

SBI and IDBI, best financial institutions sanctioned Rs.54 crores term loan and also granted the required working capital. In addition, Quasi Equity and Internal Accruals helps the company to plan its financial balance amount.