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Insilco’s plant to remain shut till August 20, 2014

12 Aug 2014 Evaluate

Insilco’s Plant is likely to remain shut down till August 20, 2014 due to high inventory and low sales volume. The company had earlier also announced that it will remain shut down from July 18, 2014 to August 12, 2014 due to high inventory and low sales volume.

Insilco’s principal activity is to manufacture and sell precipitated silica. It produces different grades of precipitated silica, catering to the requirements of customers in rubber and non-rubber segments. The rubber applications include tyres, footwears, rice roller, rubber auto parts and miscellaneous rubber goods industries. The non-rubber applications include plant protection, feed, food, toothpaste, detergents, battery separator, paints, silicon rubber, frp, defoamer, pharmaceuticals and distilleries.

Peers
Company Name CMP
Godrej Industries 1098.10
SRF 2525.80
BASF India 3520.80
Pidilite Inds. 1530.00
Tata Chemicals 652.10
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