Page 136 - CW E-Magazine (18-3-2025)

Top Stories

ACCIDENT

Major fi re at Neogen Chemicals’ Dahej plant

Neogen Chemicals reported a major
fi re incident at its plant located in Dahej
SEZ, Gujarat, on 5 March 2025. “There
were no casualty and injury to life,” the
company said in a stock exchange fi ling
adding that the cause of the fi re was being
investigated.

The company informed that the fi re
was contained to the existing opera-
tions at its Multi-Purpose Plant (MPP3)
facility, tank farms and warehouse. Meanwhile, the Department of tion from the affected plant of critical
“There is extensive damage to the Industrial Safety and Health (DISH) select speciality products to other sites
warehouse and entire MPP3 structure, has issued a stay order on operations based on approval from customers.
including plant, machinery, and equip- at the affected units. “This, combined with the planned
ment as envisaged based on visual expansion of its Patancheru plant, will
examination. The Admin block, Quality The company expects reconstruc- help minimise the impact on earnings
Control, Utility block, Effl uent treat- tion of the impacted facilities to take going ahead to minimise business dis-
ment unit, interconnecting pipe-racks around 9-12 months to reinstate the ruption,” Neogen said.
and some of the bulk storage facilities plant and restart operations.
needed to support the manufacturing Based on the initial assessment,
infrastructure, were not affected by the The Dahej plant, one of the four the company has revised its standalone
fi re,” the company informed. facilities of the company. The company’s revenue guidance for FY 2024-25 in
Mahape and Vadodara facilities have the range of approx. Rs. 765-800-crores
“Due to timely and proactive been predominantly manufacturing (from earlier Rs. 800-825 crores).
action by the supervisory staff, the fi re organic chemical products. The Dahej Accordingly, FY 2025-26 revenue guidance
was controlled from spreading to other SEZ facility was established in February stands revised in the range of approx.
plants in the vicinity and fortunately, 2020 for inorganic chemicals and later Rs. 775-850-crores (from earlier guidance
there were no casualty and injury to on the capacity was added to further of Rs. 950-1,000 crores) for standalone
life,” the company said. There was no scale up the production of organic business. The company said it would
impact on ‘MPP1’ – Neogen Ionics’ chemicals in September 2021. take further efforts to reinstate the
facility for manufacturing electrolyte capacity faster and increase capacity at
salt and electrolytes, situated in the vicinity. The company plans to shift produc- other locations to minimise the impact.
DIVERSIFICATION

Galaxy Surfactants announces EPC services collaboration

Personal care ingredients supplier, location. The name of the global fi rm construction, and commissioning of
Galaxy Surfactants Ltd., said the com- was not disclosed in the information the facility. Galaxy said it is also in
pany, through its group companies, has provided in the company’s recent stock “advanced discussions” to further
entered into a strategic collaboration exchange fi ling. strengthen its partnership with the
with a global customer to provide customer after the plant’s commissioning.
engineering, procurement, and construc- The EPC services, which would be The company expects the deal to
tion (EPC) services for a performance provided through Galaxy Surfactants’ enhance its strategic collaboration
surfactants and specialty ingredients group companies, would comprise pro- and global footprint in surfactants and
manufacturing plant at an overseas cess design, procurement, engineering, speciality ingredients.

136 Chemical Weekly March 18, 2025

Contents Index to Advertisers Index to Products Advertised