KCI will expand its Formaldehyde capacity in Ankleshwar, Gujarat by 300 MTPD to cater to growing demand in the Western region. The expansion is expected to be complete in FY 2025.

The upcoming Formaldehyde plant will be with latest Metal Oxide based technology. This new capacity with superior technology will cater to growing demand in various sectors such as Engineering wood, Textile, Agrochemicals, Pharmaceuticals, etc. in the region as well as the exports markets. Speaking on the occasion, Mr. Ranjeet Singh, Chief Executive - Chemical Business, said, "We are delighted that this additional Formaldehyde manufacturing facility with the latest technology will give us sustainable competitive advantage at the market place. This investment is aimed at creating values for our stakeholders and optimizing the resources in line with the company's 'Vision-2030'. He also expressed his sincere thanks to the policies of Govt. of Gujarat & officials which have helped KCI in these endeavours. He mentioned that the company will continue to invest in expanding capacities at all the locations considering sustainable development and inclusive growth in line with the company's 'Vision2030"

KCI will set up a 6000 MPTA Triacetin plant at its Ankleshwar facility in Gujarat, aimed at import substitution. The plant will target both food and industrial applications.

KCI has received recognition from the Department of Scientific and Industrial Research (DSIR) for its In-house research and development facility at its Ankleshwar unit.

The DSIR recognition will help the company carry out innovative R&D activities related to chemical intermediates, phenolic resins, and other new products aligned with the Make in India Initiative

KCI commissioned a new Phenol Formaldehyde resin plant at its Ankleshwar facility in Gujarat, capable of producing 6,500 Metric Tonnes of resin per year. With this, it has doubled its total resin production capacity.

With a similar capacity plant already existing at its Visakhapatnam facility on the East coast of India, KCI now has the ability to quickly and cost-effectively serve customers all around India. Together with the new plant, KCI is also working on strengthening its resin R&D capabilities.