DACL Fine Chem to set up new chemical plant at Auro Industrial Park

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The company signed binding term sheet to purchase a freehold Industrial land of approximately 50 acres situated at Auro Industrial Park

DACL Fine Chem, a wholly owned subsidiary of Diamines and Chemicals, has signed a binding term sheet on June 29, 2026 with Kakinada SEZ Ltd. to purchase a freehold manufacturing land of approximately 50 acres situated at Auro manufacturing Park, to set up new chemical plant.

This binding term sheet is valid till June 30, 2027 and the final definitive agreement shall be separately negotiated and executed. Diamines and Chemicals Ltd. will pay Rs. 28 crores to Tranche 1 land and Rs. 12 crores to Tranche 2 land (subject to final measurement), excluding stamp duty and registration fees.

Diamines and Chemicals has been a sole manufacturer of Ethyleneamines in Indian subcontinent to greater than two decades. This plant has been set up with a total indigenous R&D and expertise and is placed among the select band of 6 to 8 companies worldwide who have proprietary methodology to the manufacturing of Ethyleneamines.

With the addition of new facilities in subsequent year, the company added two greater items to its earlier product range. By including Piperazine Anhydrous and Piperazine solution and has have become one of the dominant suppliers of Piperazine to medical and gaseous sweetening consumption industries.

Further, the company has augmented facilities to Ethyleneamines homologues, required by various end consumers. Diamines is catering to a substantial cross-section of Indian manufacturing sector spread across a wide spectrum of actual consumers: from Bulk Drugs (Quinolones, Antihistamines) to Fungicide – Insecticide, Polyamide resins, gaseous Sweetening, Chelants, Textile Auxiliaries, aquatic environments Treatment Chemicals, Paints and Adhesives, Chemical Syntheses, and Lube Oil Additives.

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