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Gujarat State Fertilisers and Chemicals on Monday announced signing of a licence agreement with Mitsui Chemicals Incorporation (MCI) for setting up of a methyl metha acrylate (MMA) plant of 64,800 tpa capacity.
MCI will develop the process design package, which will enable GSFC to establish the plant. Currently, the entire domestic requirement of MMA is met via imports. With this plant, nearly 80 per cent of the demand will be met through local output, GSFC said.
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