News Orders & Deals Archean Chemical Industries Signs MOU with Gujarat Government for Captive Salt Jetty DevelopmentArchean Chemical Industries Signs MOU with Gujarat Government for Captive Salt Jetty Development
Archean Chemical Industries Limited signed a Memorandum of Understanding with the Government of Gujarat on January 30, 2026, for developing captive salt jetty and associated infrastructure with throughput of 7 MMTPA along Gujarat coastline. The agreement was part of Investment Promotion Activity for Vibrant Gujarat Regional conference held on January 11, 2026. The Gujarat government will facilitate obtaining necessary permissions and approvals from concerned state departments.
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Archean chemical industries Limited has entered into a strategic partnership with the Government of Gujarat through a Memorandum of Understanding signed on January 30, 2026. The agreement focuses on developing captive salt jetty infrastructure along Gujarat's coastline, marking a significant expansion in the company's operational capabilities.
Project Details and Specifications
The MOU outlines the development of captive salt jetty and associated infrastructure with substantial capacity specifications:
| Parameter: | Details |
|---|---|
| Throughput Capacity: | 7 MMTPA (million metric tonnes per annum) |
| Location: | Along the coastline of Gujarat |
| Project Type: | Captive salt jetty and associated infrastructure |
| Agreement Date: | January 30, 2026 |
Government Support and Facilitation
The Government of Gujarat has committed to providing comprehensive support for the project implementation. The state government will facilitate Archean Chemical Industries Limited in obtaining all necessary regulatory approvals and clearances. This includes assistance with permissions, registrations, approvals, and clearances from various concerned departments of the state government.
Strategic Context
The MOU signing was conducted as part of the Investment Promotion Activity for the Vibrant Gujarat Regional conference, which was held on January 11, 2026. This initiative demonstrates Gujarat's commitment to attracting industrial investments and supporting infrastructure development in the chemical sector.
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The information has been made available on the company's website at www.archeanchemicals.com , ensuring transparency for stakeholders and investors.
Historical Stock Returns for Archean Chemical Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.21% | -4.72% | +3.72% | -16.10% | +28.64% | +23.67% |
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