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Indo Borax & Chemicals shuts down its plant

14 Jun 2016 Evaluate

Indo Borax & Chemicals has shut down its plant from June 14, 2016 due to non-supply of water by M. P. Audyogik Kendra Vikas Nigam (Indore), on account of non-availability of water in reservoirs. However, there will be no effect on the sales during the shut-down period of plant, as the Company is having sufficient inventory.

Indo Borax & Chemicals is a pharmaceutical manufacturing company. It offers products such as boric acid powder, boric acid granular, boric acid, borax decahydrate granular and borax decahydrate crystal. The company operates with one plant located at Pithampur in Madhya Pradesh.

Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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