On August 19, 2024, DCM Shriram Ltd, a diversified agricultural firm, proudly announced the successful commissioning of its cutting-edge Hydrogen Peroxide (H₂O₂) manufacturing plant at its chemical facility located in Jhagadia, Bharuch District, Gujarat.
In an official statement filed with the exchange, the company revealed, “We are pleased to inform you that we have inaugurated our advanced Hydrogen Peroxide (H₂O₂) plant, which boasts a production capacity of 52,500 tonnes per annum (TPA), at our Chemical complex in Jhagadia, Bharuch District, Gujarat, effective from today, August 19, 2024, at 9:00 am.”
The newly established plant is set to utilize hydrogen produced within the same complex, marking a significant milestone in the company’s expansion of its chemical product offerings. The integration of Hydrogen Peroxide into DCM Shriram Ltd’s portfolio is anticipated to bolster its market position by serving a diverse range of industries with this versatile compound.
Hydrogen Peroxide, known for its extensive applications, will contribute to various sectors including as a bleaching agent, in water and wastewater treatment, chemical synthesis, food processing, mining, metallurgy, and environmental management.
The strategic addition of Hydrogen Peroxide is expected to not only enhance the company’s existing chemicals business but also leverage its hydrogen production capabilities. This move reflects DCM Shriram Ltd’s commitment to expanding its product range and meeting the evolving needs of its clients across multiple industrial domains.
DCM Shriram Ltd is a diversified conglomerate with a robust presence in the agribusiness, chemicals, and power sectors. Established as a leading player in India’s industrial landscape, the company focuses on innovation and sustainability. It operates a range of businesses including fertilizers, chemicals, sugar, and energy, and is renowned for its commitment to excellence and environmental stewardship.
DCM Shriram’s chemical division encompasses the production of specialty chemicals, with a focus on enhancing its product portfolio to meet diverse industrial needs. The company’s strategic initiatives are aimed at leveraging cutting-edge technology and expanding its market presence, driving growth across its various business segments.
