Kanoria Chemicals & Industries is setting up a formaldehyde plant with a capacity of 1,00,000 tonne per annum at Naidupeta, District Nellore in the State of Andhra Pradesh.
The company has received the Environmental Clearance for the same from the Ministry of Environment, Forests & Climate Change, Government of India.
Kanoria Chemicals is a manufacturer of chemical intermediates. Apart from chemicals, it has diversified business interests including automotive and industrial electronics, renewable energy and textiles.
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