Vipul Organics constructed a new factory building in Ambernath, Maharashtra. After securing environmental clearance and MIDC building plan approval, the company built a factory with a total area of 27,000 square feet. Production is set to commence soon as machinery installation is currently underway.
The capital expenditure for the new factory amounted to ₹13 crore. The expansion is set to boost the company’s capacity for pigment preparations. Vipul Organics is committed to the backward and forward integration of intermediates, pigment powders, and pigment dispersions. The new facility will streamline the strategy, achieving economies of scale and associated benefits.
As reported by sharesbazaar.com, as a manufacturer and exporter, Vipul Organics produces various dyestuffs, including naphthol, fast bases, fast colour bases, fast colour salts, fast salts, and fast black.
