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Oriental Carbon & Chemicals to expand Insoluble Sulphur capacity by 11,000 MTPA

31 Jul 2015 Evaluate

Oriental Carbon & Chemicals (OCCL) has received its board's approval for expansion of Insoluble Sulphur capacity of the Company by 11000 MTPA in two phases of 5500 MTPA each at its SEZ Plant at Mundra, Gujarat. The estimated project cost is Rs 159 crore including Rs 7 crore for Working Capital Margin. The First Phase is expected to be commenced by April, 2017 followed by Second Phase in April, 2018.

Oriental Carbon & Chemicals produces wide range of insoluble sulfur grades (Including Pre-dispersed & Master batches), which are being widely exported to leading tyre companies around the world. OCCL's efforts in exports have earned Government of India's recognition as certified 'Star Export House'.

Peers
Company Name CMP
Redington 366.60
Adani Enterprises 2705.00
Amrapali Industries 35.44
Maxgrow India 179.40
Rashi Peripheral 846.30
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