{
  "id": 280798,
  "title": "DACL Fine Chem to set up ₹500 crore chemical unit in KSEZ",
  "url": "https://urgent.news/2026/08/07/dacl-fine-chem-to-set-up-500-crore-chemical-unit-in-ksez",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-07T20:32:30.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/andhra-pradesh/dacl-fine-chem-to-set-up-500-crore-chemical-unit-in-ksez/article71161627.ece"
  },
  "original_language": "en",
  "account": "Kakinada Special Economic Zone Limited (KSEZ) and Gujarat-based DACL Fine Chem have signed a Memorandum of Understanding (MoU) to establish a ₹500 crore chemicals manufacturing facility. The 50-acre campus project aims to produce high-value specialty chemicals for both domestic and international markets, potentially creating employment for local communities. KSEZ's managing director and CEO, Ram Reddy Ojili, and DACL Fine Chem chairman, Amit Mehta, signed the agreement in Hyderabad on June 29. The project's success is expected to solidify Kakinada's reputation as a hub for specialty chemicals and advanced manufacturing industries. Spanning 6,000 acres along the Kakinada coast, the park is being developed to accommodate chemical, pharmaceuticals, food processing, engineering, and clean energy sectors. DACL Fine Chem specializes in producing specialty chemicals, chemical intermediates, and performance chemicals.",
  "summary": "Kakinada Special Economic Zone Limited (KSEZ) has entered into a Memorandum of Understanding (MoU) with DACL Fine Chem, a Gujarat-based subsidiary of Diamines and Chemicals Limited, to establish a ₹500 crore chemical manufacturing facility on a 50-acre campus. The project, which is expected to create both direct and indirect employment opportunities for the local community, will focus on the production of high-value specialty chemicals for both domestic and international markets. The agreement was signed by KSEZ Managing Director & CEO Ram Reddy Ojili and DACL Fine Chem chairman Amit Mehta on June 29, with the company's official release highlighting its potential to position Kakinada as a preferred destination for specialty chemicals and advanced manufacturing industries.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}