Dynemic Products Limited announced that in continuation to announcement dated 2 November 2021 for Trial run production, the company updated that had started Commercial production from 3 January 2022 for Dye Intermediates Plant at its manufacturing unit situated at Dahej, Gujarat. The Cost of setting up the said Plant with an annual capacity of 12144 MT is appx INR 930 million. The Cost of the Project was financed through Term Loans taken from Bankers and part of it through usage of its internal accruals.

The rationale behind this project is to serve the captive demand for Units and also catering demand in Domestic and Export market.