Utkram Chemicals Private Limited, led by Kunal Shaw and Kishan Shaw, is planning a multi-phase industrial investment programme across Assam and West Bengal. Through the proposed expansion, the company aims to establish an integrated platform spanning fertilizers, chemicals, petrochemicals and advanced bitumen manufacturing. The planned projects are designed to combine advanced process technologies, diversified feedstock sources and modern manufacturing infrastructure. At the same time, the company aims to support import substitution, technology localisation, employment generation and regional industrial development.
Exploring Technology Partnership for Fertilizer Production
Utkram Chemicals is in discussions with a leading Russian fertilizer manufacturing and technology company to establish a potential Technology Transfer and Technical Cooperation arrangement. The proposed collaboration could provide access to advanced fertilizer production technologies, process engineering expertise, plant configuration and automation solutions. In addition, the partnership may cover energy optimisation, commissioning support and technical know-how transfer to India. To strengthen its feedstock strategy, Utkram Chemicals is also exploring naphtha supplies from Indian Oil Corporation Limited (IOCL). The company is also evaluating sourcing opportunities with Malaysian refineries to establish diversified domestic and international feedstock channels.
Proposed Chemical and Specialty Hydrocarbon Platform
Alongside fertilizer production, Utkram Chemicals is evaluating a chemical manufacturing platform focused on industrial solvents, solvent-grade hydrocarbon fractions, hexane and heptane-range products, specialty hydrocarbon intermediates and other value-added derivatives. The proposed facility could employ advanced separation, fractionation, distillation and purification technologies to convert feedstocks into higher-value chemical products. This approach would enable the company to target multiple downstream applications while improving feedstock utilisation and product diversification.
Exploring Methanol-to-Olefins Technology
Utkram Chemicals is also evaluating Methanol-to-Olefins (MTO) technology for the potential production of ethylene and propylene. These petrochemical building blocks are widely used to manufacture products such as polyethylene (PE), polypropylene (PP), ethylene oxide and ethylene glycol. The proposed manufacturing infrastructure is expected to incorporate advanced process technologies, including Distributed Control Systems (DCS), process instrumentation, feedstock purification, catalytic processing and heat integration. Furthermore, the company plans to consider modern emissions-control and effluent-management systems to support efficient and responsible plant operations.
60,000-MT Annual Bitumen Manufacturing Programme
Utkram Chemicals has also entered the bitumen and advanced road-materials segment. Its proposed manufacturing facility is currently under development, with a targeted production capacity of approximately 60,000 MT per year. The planned product portfolio includes Paving Grade Bitumen, Polymer Modified Bitumen (PMB), Crumb Rubber Modified Bitumen (CRMB), Bitumen Emulsion and other performance-engineered road binders. These materials could serve infrastructure projects involving highways, expressways, bridges, airports and other strategic infrastructure.
Strategic Partnerships for Bitumen and Feedstock
To strengthen its bitumen manufacturing strategy, Utkram Chemicals is exploring potential cooperation with Malaysian refinery interests and Bharat Petroleum Corporation Limited (BPCL). The discussions could cover various areas, including joint ventures, feedstock supply, technology and manufacturing arrangements. At the same time, the company has engaged with India’s highway and strategic infrastructure ecosystem, including NHAI, MoRTH, NHIDCL and BRO, as it develops its road-material manufacturing strategy.
Focus on Import Substitution and Technology Localisation
The proposed expansion aims to establish an integrated fertilizer, petrochemical, specialty chemical and bitumen manufacturing enterprise at significant industrial scale. The initiative could support India’s Make in India objectives by promoting domestic manufacturing, import substitution and technology localisation. In addition, the projects are expected to contribute to employment generation and industrial development in the eastern region. As reported by business-standard.com, the proposed projects and partnerships remain subject to feasibility assessments, definitive agreements, financing arrangements, statutory clearances and regulatory approvals.
