Nocil Unveils €12m Investment to Expand Rubber Chemicals Output

Indian rubber chemicals producer Nocil Ltd has announced plans to invest €12 million in expanding rubber chemicals capacity at its Dahej site. The investment, which is in addition to the company’s existing expansion programme, will be used to build a backward-integrated production facility for high-utilisation rubber chemicals. The project is scheduled for completion in the first half of fiscal year 2028 and will be funded largely through internal accruals. This investment comes as Nocil reported a 61% year-on-year increase in net profit to INR280 million for the first quarter of fiscal year 2027, driven by strong demand and higher prices. The company’s revenue also rose 20% to INR4 billion, with sales volumes increasing 9% year-on-year. Managing director VS Anand stated that the investment reinforces Nocil’s commitment to structured capacity augmentation, backward integration, and long-term competitiveness as India becomes an increasingly attractive manufacturing base.