Shivtek Spechemi Industries Ltd announced an investment of over ₹150 crore to establish a greenfield integrated specialty chemicals manufacturing complex at Pungam, Ankleshwar, Gujarat. Spread across approximately 21 acres, the facility will be developed in two phases and will add a total production capacity of 1,44,000 metric tonnes per annum (MTPA). The project will also serve as a platform for developing next-generation methanol-to-gas and hydrogen fuel technologies for the global shipping industry.
Facility to Strengthen Manufacturing Network
The Ankleshwar complex will enhance Shivtek Spechemi’s manufacturing footprint alongside its existing facilities at Kurnool, Rajpura and Dahej. Strategically located on the Delhi-Mumbai Expressway and close to Hazira Port, the site offers excellent connectivity to key freight corridors, raw material suppliers and export markets. In addition, the proposed Bhadbhut Barrage Project is expected to improve logistics connectivity with the company’s Dahej manufacturing unit, enabling greater operational efficiency.
Phase 1 to Commence by March 2027
The first phase of the project is scheduled for commissioning by March 2027 and will add a production capacity of 84,000 MTPA. This phase will manufacture pharma-grade Hydrochloric Acid (HCl), specialty feedstocks and specialty petrochemicals, strengthening the company’s presence in high-value chemical segments.
Phase 2 to Focus on Clean Energy Technologies
In the second phase, Shivtek Spechemi will add another 60,000 MTPA of production capacity while establishing pilot-scale facilities for Methanol-to-Gas and Hydrogen Fuel technologies. These initiatives are designed to support cleaner and more sustainable fuel solutions for the global maritime industry. At the same time, the company will expand its portfolio of petrochemical intermediates to address growing domestic and international demand.
Serving High-Growth Industrial Sectors
Once fully operational, the integrated manufacturing complex will supply specialty chemicals and high-value intermediates to a wide range of industries, including pharmaceuticals, agrochemicals, personal care, textiles, industrial coatings and water treatment. The project is also expected to generate substantial direct and indirect employment while adhering to international environmental, health and safety (EHS) standards.
Company Aligns Expansion with India’s Growth Vision
Amitt Nenwani, Managing Director, Shivtek Spechemi Industries Ltd, said the investment marks a significant milestone in the company’s growth journey and supports the Government of India’s Viksit Bharat @2047 and Atmanirbhar Bharat initiatives. He noted that the strategic location near the Delhi-Mumbai Expressway, Hazira Port and the company’s Dahej facility provides the infrastructure and connectivity required for efficient expansion. He further stated that the new manufacturing complex will not only broaden Shivtek Spechemi’s specialty chemicals portfolio but also enable the company to pioneer Methanol-to-Gas and Hydrogen Fuel technologies for the shipping industry, reinforcing its commitment to innovation, sustainability and cleaner energy solutions.
Expansion to Boost Specialty Chemicals and Sustainable Innovation
As reported by manufacturingtodayindia.com, with this ₹150 crore investment, Shivtek Spechemi aims to strengthen its position in India’s specialty chemicals sector while advancing sustainable manufacturing and clean energy technologies. The integrated Ankleshwar facility is expected to play a key role in supporting the company’s long-term growth strategy and enhancing India’s capabilities in specialty chemicals and next-generation fuels.
