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Hindalco Industries stops production in Gujarat

09 Nov 2010 Evaluate

Hindalco Industries has stopped copper cathode production at its Dahej plant in Gujarat due to the breakdown of cooling tower of Sulfuric Acid Plant- 3 of the copper plant. This has led to disruption of production in Smelter-3. The repair of the cooling tower is expected to be completed within a couple of weeks and after which normal production from Smelter-3 is expected to commence. This may cause loss of cathode production of around 8000 tonnes. The company has adequate insurance policy covering the loss due to such breakdown and loss of profit.

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Peers
Company Name CMP
Hindalco Industries 973.20
Vedanta 256.00
Hindustan Zinc 568.45
Jain Resource Recycl 274.70
CMR Green Tech 212.30
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