IFC to Invest in Meghmani’s Chlor-Alkali Unit

International Finance Corp. (IFC; Washington), the World Bank’s private investment arm, will invest about $31.5 million in Meghmani Organics Ltd.’s (Ahmedabad, India) previously announced $138-million chlor-alkali plant at Dahej, India, Meghmani says. The plant will be built by Meghmani Finechem, a Meghmani subsidiary, and use environmentally friendly and energy efficient membrane-cell technology, Meghmani says. Meghmani is a pigments and agchems producer. IFC will invest $11.5 million and provide an additional $20 million as a long-term loan. The...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers