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Apar Industries’ arm in process of setting up a facility in United Arab Emirates UAE

18 Nov 2014 Evaluate
Apar Industries’ wholly owned subsidiary -- Petroleum Specialities Pte (PSPL), Singapore -- is in the process of setting up a facility in United Arab Emirates (UAE) for the manufacture of a comprehensive range of Speciality Oils and Lubricants. The said plant will have state-of-the-art facilities to store, blend and process a wide range of Speciality Oils and Lubricants for the Power, Cosmetics, Industrial and Automotive verticals.

Apar Industries is engaged in the manufacturing of transformer and specialty oils along with transmission & distribution overhead conductors. It is the second largest manufacturer of power conductors in India. The company is also engaged in the manufacture of electrical and telecom cables.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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