Gujarat State Fertilisers and Chemicals (GSFC) announced signing of a license agreement with Mitsui Chemicals Incorporation (MCI) for setting up of a methyl metha acrylate plant.
Currently, the entire domestic requirement of methyl metha acrylate (MAA) is met through imports.
With establishment of this plant, nearly 80 percent of the country's demand will be met through locally, the company said in a regulatory filing.
GSFC's proposed plant would have an annual production capacity of 64,800 tonnes of MAA.
Gujarat State Fertilisers and Chemicals (GSFC) announced signing of a license agreement with Mitsui Chemicals Incorporation (MCI) for setting up of a methyl metha acrylate plant.
Currently, the entire domestic requirement of methyl metha acrylate (MAA) is met through imports.
With establishment of this plant, nearly 80 percent of the country's demand will be met through locally, the company said in a regulatory filing.
GSFC's proposed plant would have an annual production capacity of 64,800 tonnes of MAA.
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