Shivtek Spechemi commits ₹150 crore towards a greenfield integrated complex in Gujarat
| Acquires ~21 acres in Pungam (Ankleshwar) to set up an integrated specialty chemicals manufacturing hub on the Delhi-Mumbai Expressway. | Adds 144,000 MTPA total capacity across two phases |
| Phase 1 targeted for commissioning by March 2027 | Integrates pilot-scale facilities for Methanol-to-Gas and Hydrogen Fuel technologies to serve the shipping industry |
Ahmedabad, 4 August: Specialty chemicals manufacturer Shivtek Spechemi Industries Ltd, a flagship company of the Shiva Group of Industries, has acquired approximately 21 acres of industrial land in Pungam (Ankleshwar), Gujarat. The company will invest over ₹150 crore to construct a state-of-the-art greenfield integrated manufacturing complex designed to meet surging domestic and global demand for specialty chemicals and clean fuel technologies.
The strategic expansion builds on Shivtek’s existing multi-hub footprint across Kurnool (South), Rajpura (North), and Dahej (West). Situated along the Delhi-Mumbai Expressway (NE-4) and near Hazira Port, the Pungam site offers direct access to key freight corridors, raw material sources, and international shipping lanes. Connectivity will be further augmented by the upcoming Bhadbhut Barrage Project, creating seamless operational integration with Shivtek’s primary manufacturing plant at Dahej.
Speaking about the acquisition, Mr. Amitt Nenwani, Managing Director, Shivtek Spechemi Industries Ltd, said, “This milestone is also a step towards supporting the Government of India’s vision of Viksit Bharat @2047 and Atmanirbhar Bharat, and we look forward to showcasing this project at the Vibrant Gujarat Summit 2027. Located on the Delhi-Mumbai Expressway, and proximity to Hazira port and our Dahej facility, gives us the connectivity and infrastructure we need to scale efficiently. This new facility will not only expand our specialty chemicals portfolio but also allow us to pilot next-generation Methanol-to-Gas and Hydrogen Fuel technologies for the shipping industry, reinforcing our commitment to innovation and cleaner energy.”
The acquisition marks a strategic milestone in Shivtek’s long-term growth strategy. The upcoming facility will expand the company’s production capabilities, strengthen supply chain resilience, support product diversification, and address the rising demand for specialty chemicals in domestic and international markets. The project will comprise of advanced manufacturing units, utilities, quality control laboratories, warehousing facilities, storage infrastructure, and supporting services designed to meet global manufacturing and safety standards.
Phase 1 will include manufacturing of Pharma Grade Hydrochloric Acid (HCl) as well as the processing and manufacturing of specialty feedstock and specialty petrochemicals, with a planned capacity of 84,000 MTPA.
Crucially, Phase 2 will establish pilot-scale units for Methanol-to-Gas and Hydrogen Fuel technologies, addressing the global maritime sector’s shift toward cleaner energy alternatives. Additionally, the company will expand the product portfolio to include a wide range of petrochemical intermediates, ranging from low boilers to heavy boilers, with an additional capacity of 60,000 MTPA.
Upon commercial operation, the complex will supply high-value feedstock and intermediates to critical end-use sectors, including pharmaceuticals, agrochemicals, personal care, industrial coatings, water treatment, textiles, and other specialty chemical applications.
The project is designed to generate significant direct and indirect employment across construction and operational phases. Built to international Environmental, Health, and Safety (EHS) benchmarks, the facility reinforces Shivtek’s commitment to responsible chemical manufacturing, supply chain resilience, and long-term value creation Phase 1 is targeted for commissioning by March 2027, with commercial operations expected to begin shortly thereafter.
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
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