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Private SectorProject Information Setup an manufacturing unit of Formaldehyde with the capacity of production of 90 M.T per day. INR 3.49 Cr INR 34.90 Mn
03-Jun-2021
PID : 46881 Haryana-India

Project Detail:

The company is an existing unit for modernization of manufacturing of Formaldehyde with the capacity of Production of 90 M.T per day at Plot No. 54, HSIIDC, Manakpur Chhachhrauli Road, Jagadhri District Yamuna Nagar, Haryana. The existing plant was established based on CTE vide File no. HSPCB/YMN/2009/10904 dated 21.01.2009 (attached as Annexure- I). The latest CTO was grant for vide letter No. HSPCB/Consent/2846618YAMCTO5081752 dated 13.04.2018

The Plywood Boards and sun mica sheets market is growing very fast in India. The market is expected to continue to grow at the minimum rate of 10 to 15% per year.

During the last decade, India has built a very strong position as sun mica sheets and ply wood boards for domestic consumption and for Exports to South Asian countries & Middle East.

Formaldehyde is used by ply wood and sun mica laminated sheets manufacturers, who make adhesives like Urea Formaldehyde and Phenol Formaldehyde products. So considering the above the M/s Synochem Organics Pvt. Ltd. has setup an manufacturing unit of Formaldehyde with the capacity of production of 90 M.T per day.

Formaldehyde is a main constituent for manufacturing valuable chemical like melamine, urea and phenolic resins. It also acts as biocides, preservatives and used in many household & common products including medicines, health & beauty aids. It is available in 37% aqueous solution. It is identified by some of its properties like molecular weight about 30.3, boiling point -118 °C, melting point at - 19 °C and density of 0.815 at -20 °C.

The Existing integrated facility is producing 90 M.T per day of Formaldehyde.

The project is equipped with fully diversified processing facilities. The number of working days for the Existing project is 330 days. The Plant is operated 6 days in a week along with effective utilization of the resources

Capital Cost of the project : The fixed cost for the Existing project is 349 lacs which include land, building, plant & machinery.

Note: Please Download Project Document attached to this Project for more information.

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