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Andhra Petrochemicals shuts down operations at Visakhapatnam plant

20 Dec 2016 Evaluate

Andhra Petrochemicals has temporarily shut down operations of its plant at Visakhapatnam from December 19, 2016. The plant was shut due to surge in imports coupled with transportation constraints.

Andhra Petrochemicals was promoted by the Andhra Pradesh Industrial Development Corporation (APIDC) and The Andhra Sugars (ASL) as a joint sector company The company's principal activity is manufacture and sale of oxo alcohols. The oxo alcohol products are ethyl hexanol, normal butanol and iso butanol.

Peers
Company Name CMP
Godrej Industries 1019.15
SRF 2424.20
BASF India 3315.00
Pidilite Inds. 1480.80
Tata Chemicals 634.65
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