Excel Industries to Invest ₹103.3 Million for Biocides Capacity Expansion

Excel Industries Ltd has approved a ₹103.3 million investment to enhance its biocides production capacity by 2,530 tonnes per annum (TPA). This strategic move aims to meet rising demand for biocides, widely used in industries like paints, adhesives, and wood preservation. The expansion aligns with Excel's commitment to innovation and sustainable growth, leveraging its robust R&D and manufacturing capabilities. The company’s biocides brand, BIOCEL, is expected to benefit from this capacity addition, strengthening Excel’s market position in specialty chemicals. This investment underscores Excel’s focus on diversifying its portfolio and scaling operations to cater to evolving industry needs.

 

Source: Indian Chemical News