SK Minerals & Additives Limited, a manufacturer of feed,
food and flame-retardant additives and supplier of specialty chemicals, has
announced a major production capacity expansion at its Khanna facility near
Ludhiana, Punjab.
The company has acquired an additional 10 acres of land to
support the expansion, with a focus on scaling up flame-retardant and polymer
compounding products. The move is driven by rising demand in domestic and
international markets.
Mohit Jindal,
Chairman & Managing Director, SK Minerals & Additives Limited,
said, “Indian OEMs across sectors such as electrical appliances, cables &
wires, plastics, automotive, and electric vehicles are increasingly facing
challenges in accessing advanced materials and technical expertise required to
meet evolving global safety and regulatory standards. Our vision is to position
India as a global hub for advanced and sustainable fire safety solutions.”
Demand for next-generation Halogen-Free Flame Retardant
(HFFR) solutions is growing across cables & wires, electrical appliances,
electronics, composites and fibres.
According to industry estimates, the global flame retardants
market is valued at over USD 8–9 billion and is expected to grow at a CAGR of
6–7 per cent over the next five years. The HFFR segment is expanding faster, at
around 8–10 per cent CAGR, driven by stringent environmental regulations and a
global shift towards non-toxic, low-smoke materials.
With the planned expansion, SK Minerals & Additives is
positioned to capitalise on this demand. The company aims to evolve into a
technology-driven partner for OEMs, helping them meet global compliance
standards while improving safety, performance and sustainability.
Jindal added, “We are witnessing strong interest from
industry stakeholders as fire safety gains increasing importance across
sectors. This encouragement reinforces our commitment to scale up capabilities
and deepen our technical engagement with customers.”
As part of the expansion, the company will establish a
dedicated R&D facility focused on advanced fire safety solutions. The
facility will support Indian manufacturers in meeting stringent international
standards, particularly in the US and European markets.
Driven by innovation, SK Minerals & Additives is
developing advanced technologies to reduce India’s reliance on imports and
strengthen domestic capabilities in high-performance flame-retardant solutions.