GACL breaks ground on 33,870 TPA phosphoric acid plant

GACL breaks ground on 33,870 TPA phosphoric acid plant — Gujarat Alkalies has commenced construction of its PPA-II facility at Dahej, aimed at producing food-grade phosphoric acid. The 33,870 TPA plant marks a strategic capex move to strengthen specialty chemicals output. This expansion could enhance future EBITDA margins with entry into high-margin segments.

📊 STOCKS: GACL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex