Shivtek Spechemi to Set Up Rs 1000 Crore Chemical Plant in Hazira
Shivtek Spechemi Industries, the flagship arm of Shiva Group of Industries, is setting up a major specialty chemicals facility spread over 1 million square feet near Hazira, scheduled to be operational by 2027.
The new plant is expected to boost the company’s manufacturing capacity by 2,50,000 metric tonnes per annum (MTPA) by FY 2027-28. Strategically located, the site offers direct access to major ports—Hazira, Dahej, Kandla, and Mundra—enabling seamless import and export operations. Its proximity to the Dedicated Freight Corridor and the existing Dahej plant, just 70 km away, ensures reduced logistics costs and operational efficiency. The expansion includes a 5,000 KL chemical storage facility and 1,50,000 square feet of dedicated warehousing for export consignments, with significant synergy expected between the Hazira and Dahej units. “This plant is a key component of our sustainable growth roadmap and represents a major leap in technological innovation and environmental stewardship,” said Dr Amitt Nenwani, Managing Director of Shivtek Spechemi Industries.
The upcoming Hazira unit will focus on manufacturing oil additives, proteogenic to aprotic solvents, and other high-performance petrochemical derivatives—products critical to sectors including automotive, pharmaceuticals, and agrochemicals. Kashiish A Nenwani, Director of the company, said the investment underscores Shivtek’s robust financial planning and market foresight. “This facility aligns us with Gujarat’s industrial ecosystem and enables us to strengthen our supply chain and product portfolio across global markets.”
The Hazira investment is expected to contribute significantly to Gujarat’s position as a chemical manufacturing hub, while further solidifying Shivtek Spechemi’s market leadership in the specialty chemicals sector.