MoneyWorks4Me

Phillips Carbon Black to invest Rs 300 crore to ramp capacity

11 Aug 2017 Evaluate

Phillips Carbon Black (PCBL) will be investing Rs 300 crore in Palej and Mundra plants of Gujarat to add another 80,000 tonne of capacity. The company is currently having a capacity of 4.8 lakh tonne per annum of carbon black. The new capacity will be ready by FY2019. The company is also evaluating a greenfield plant for a capacity of 1.2 lakh tonne in south India.

Phillips Carbon Black (PCBL) is the leading producer of carbon black in the country.

Peers