Kanoria Chem

completed

Kanoria Chemicals and Industries Ltd (KCIL or the company) is a mid-sized manufacturer of chlor-alkali and alcohol based products in India is planning to invest up to $35 mn in capacity expansion in its caustic soda plant at Renukoot and has approached IFC for a corporate investment of up to $5 mn in equity and $10 mm in A loan. KCIL’s project plan includes:- The Alco chemicals complex, located in Ankleshwar, state of Gujarat that produces pentaerythritol, sodium formate, acetaldehyde and other alcoholic derivatives, will increase its production through process optimization. No capacity increases will take effect. - The Salt Works at Gandhidham in Gujarat to supply salt needed for caustic soda production, will install a salt washing operation and will fully mechanize the salt manufacturing operation.- The chlor-alkali complex, located in Renukoot in the state of Uttar Pradesh (U.P.) manufacturing caustic soda, liquid chlorine, bleaching powder, and other chlorine derivatives, will expand its operations by an additional 110 tpd caustic soda plant to be installed by 2008. The entire capacity expansion at the caustic soda plant will be based on membrane cell technology as opposed to the mercury cell technology which currently is also used at the plant along with membrane cell technology. The company will also replace its current mercury cells caustic soda production technology with membrane cells by the year 2012. As part of this project, the company is also expanding capacities of its various chlorinated derivatives.