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DCM Shriram plans to complete expansion project by end of October 2016

22 Jun 2016 Evaluate

DCM Shriram is planning to complete the expansion of Chlor Alkali and power plants at Bharuch and Kota by the end of October 2016 with an estimated investment of Rs 607 crore. Under this expansion, the company would add 505 TDP Chlor-Alkali capacity and 55-66 mw power capacity at both the plants. Currently, the company's combined Chlor Alkali production capacity at its Bharuch and Kota plants is about 780 tonnes per day (TPD) and power capacity is about 188 mw.

DCM Shriram is a leading business conglomerate with a group turnover of Rs 6,050 crores. The business portfolio of the company comprises primarily of Agri-Rural Business viz. Urea & SSP fertilizers, Sugar, Farm inputs marketing such as DAP, Crop care Chemicals, Hybrid Seeds, and Chlor-Vinyl Business Viz. Caustic Soda, Chlorine,Calcium Carbide, PVC resins, PVC Compounds, Power and Cement and Value added business such as Fenesta Building Systems.

Peers
Company Name CMP
Grasim Industries 3194.00
DCM Shriram 994.70
3M India 31905.00
Hindustan Foods 609.80
Balmer Lawrie & Co 164.40
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