Apcotex Industries Limited, a manufacturer of synthetic latex, nitrile rubber and allied products, has approved a capital expenditure of INR 2.1 billion on 5th November 2025 for capacity additions at the company’s manufacturing facility in Valia, Gujarat.
The company said in a stock exchange filing that the approved investment will be used to add 37,000 metric tonnes per annum (MTPA) of synthetic latex capacity and 14,600 MTPA of nitrile rubber and allied products capacity at Valia, with the new capacity expected to be brought on stream in a phased manner by Q1 FY27.
Apcotex reported existing installed capacities at the Valia facility of 103,000 MTPA for synthetic latex, 7,000 MTPA for high styrene rubber, 21,000 MTPA for nitrile rubber and allied products and 50,000 MTPA for nitrile latex. The filing noted that current capacity utilisation is at optimal levels and that the proposed additions aim to address growing demand in both domestic and international markets.
The company said the INR 2.1 billion investment will be financed through a combination of internal accruals and debt. The filing set out the rationale as meeting rising sales and strengthening supply capability for customers across key end markets, without providing a detailed phasing of capital deployment or specific debt sources.
Capacity additions in synthetic latex and nitrile rubber are closely watched by downstream users in adhesives, coatings, automotive and healthcare segments, where demand patterns and raw material dynamics influence procurement and pricing. Apcotex’s expansion, if delivered on schedule, would increase its synthetic latex capacity by about 36 percent relative to existing installed synthetic latex capacity.
Apcotex is a specialised chemical manufacturer producing synthetic latex, nitrile compounds and related products for industrial and consumer applications. The company is listed on Indian stock exchanges and supplies to domestic and export markets.