DACL Fine Chem to set up ₹500 crore chemical unit in KSEZ - The HinduUpdated - August 08, 2026 02:02 am IST - KAKINADAAppala Naidu Tippana 10237KSEZ Limited Managing Director & CEO Ram Reddy Ojili and Amit Mehta, Chairman, DACL Fine Chem Limited, exchange MoUs in Hyderabad on Monday for setting up a chemicals manufacturing facility in Kakinada SEZ. | Photo Credit: BY ARRANGEMENTThe Kakinada Special Economic Zone Limited (KSEZ) has signed a Memorandum of Understanding (MoU) with Gujarat-based DACL Fine Chem, a subsidiary of Diamines and Chemicals Limited, for setting set up a chemicals manufacturing facility on a 50-acre campus with an estimated investment of ₹500 crore in KSEZ.The project includes the manufacturing of high-value specialty chemicals for both domestic and international markets, offering direct and indirect employment opportunities for the local communities.KSEZ Limited Managing Director & CEO Ram Reddy Ojili and Amit Mehta, chairman, DACL Fine Chem Limited, signed the pact in Hyderabad on June 29.In an official release, Mr. Ram Reddy said that the project would position Kakinada as a preferred destination for specialty chemicals and advanced manufacturing industries.The KSEZ spreads across nearly 6,000 acres along the Kakinada coast. The park is being developed to suit chemical, pharmaceuticals, food processing, engineering, and clean energy sectors.DACL Fine Chem Limited manufactures specialty chemicals, chemical intermediates, and performance chemicals.Published - June 29, 2026 09:02 pm ISTSign in to unlock member-only benefits!Access 10 free stories every monthSave stories to read laterAccess to comment on every storySign-up/manage your newsletter subscriptions with a single clickGet notified by email for early access to discounts & offers on our products${ ind + 1 } ${ device }Last active - ${ la }