DCM Shriram has received an approval for expansion plans of its unit at Shriram Alkali & Chemicals, Bharuch at an estimated cost of Rs 534 crore. The board of directors at their meeting held on October 04, 2014 have approved for the same.
The approval is for expansion of Chlor Alkali Capacity from 450 TPD to 915 TPD and expansion of Captive Power Plant from 55 MW to 110 MW.
DCM Shriram is a diversified company with business in agriculture, chemicals, plastics, cement, textiles and energy services. DCM Shriram had transferred its PVC compounding business to Shriram Vinyl, last year.
