With global firms looking to de-risk their supply chains, which are heavily reliant on China, the Indian chemical sector has considerable development potential. While the Indian chemical industry is expanding, players in the sector will also need to focus on sustainability and de-carbonization. To fulfil their sustainability goals, the majority of these firms have already planned greater investment in green, recycling technologies, R&D, digitalization, and other areas.
Customers in the chemical industry are driving and influencing demand as they seek more sustainable and/or circular products. To compete in this new customer-centric environment, chemical businesses must become more nimble and open, as well as more sustainable. Furthermore, chemical firms that can expand and restructure their operations to produce more sustainable, customer-centric products would be able to increase their margins and profitability.
Meghmani Finechem Limited (MFL) is committed to environment protection by harnessing cuttingedge technology to improve output from less input and reduce waste. The company serves more than 15 sectors and has a very diverse customer base. Pharmaceuticals, chemicals, refining, paper and pulp, fluoropolymers, soap and detergents, textiles, dyes and pigments, agrochemicals, alumina, PU Foams, paints, PTFE
pipes, refrigerant gas, water treatment, electronics, and other industries. Meghmani Finechem Limited (MFL) was established in 2007 with focus on meeting the India chemical demand and to be part of India’s growth story.
“We are a prominent manufacturer of chlor-alkali and value-added derivatives. We have our cuttingedge manufacturing plant in Dahej, Gujarat, a major PCPIR region in the country. MFL's Dahej site is a fully integrated and automated complex with solid infrastructure and captive power plant. MFL is also India's fourth biggest producer of Caustic Soda, Chlorine, and Hydrogen, as well as a prominent producer of Caustic Potash, Chloromethanes, and Hydrogen Peroxide. MFL serves about 15 industries. Further we are entering into Epichlorohydrin, CPVC Resin and Chlorotoluene & its value chain to strengthen our fully integrated complex.” says Maulik Patel, Chairman & MD at MFL.
Meghmani Finechem Limited (MFL) is committed to build one of India’s most respected multiproduct chemical companies and creating value for all its stakeholders.
Maintaining Strict Quality Standards
MFL has integrated cutting-edge technology to strengthen the plant's safety features, reducing downtime and allowing operations to function smoothly. MFL is highly concerned with safety standards. Product-specific safety requirements are developed, and each product facility must adhere to them. On a monthly basis, performance is quantified and compared with each plant team, and the plant team is rewarded accordingly. Management reviews the quantitative metrics on a regular basis and recommends continuous improvement.
MFL is now broadening its product portfolio to include derivative and specialty chemical products such as Epichlorohydrin (ECH), Chlorinated Polyvinyl Chloride (CPVC), and Chlorotoluene & its value chain, which are critical raw materials for a variety of end-user industries and are currently imported entirely. MFL will be the first in India to produce ECH, and the raw material used to make it is from 100 percent renewable resources. We are developing an ECH plant with a capacity of 50,000 TPA, which is projected to be operational in Q1FY23. CPVC Resin is used to make CPVC pipes, 95 percent of CPVC resin demand is met through imports. The CPVC resin facility is planned to be operational in Q2FY23. We are also enhancing the capacity of our caustic soda and power plants. MFL is setting up the R&D facility to strengthen its position in specialty chemical segment. MFL has a track record of timely executing its expansion projects and is on schedule for its new expansion plans, even after challenges faced due to pandemic.
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