MoneyWorks4Me

Vikas EcoTech commences construction of manufacturing plant at Dahej

30 Jun 2016 Evaluate

Vikas EcoTech has commenced the construction of Phase I of its manufacturing plant and innovation center at Dahej, Gujarat. To be built with an investment of Rs 30 crore, the plant will produce 6,000 MT of organotin stabilisers (methyl tin mercaptide or MTM) and 5,000 MT of specialty polymer compounds annually. This is the company’s third manufacturing plant after Rajasthan and Jammu & Kashmir plants, the latter being currently integrated with the first to drive economies of scale.

Vikas EcoTech is engaged in the business of trading and distribution of petroleum and petrochemical products. The firm manufactures high-end products used in plastic, rubber, footwear and packaging industries.

Peers
Company Name CMP
Godrej Industries 1092.55
SRF 2494.50
BASF India 3502.30
Pidilite Inds. 1498.00
Tata Chemicals 648.45
View more..