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Insilco shuts down plant due to high inventory, low sales volume

21 Sep 2017 Evaluate

Insilco has shut down its plant due to high inventory and low sales volume. The plant will remain shut down from September 21, 2017 to October 5, 2017. The company will also carry out routine preventive maintenance and cleaning during this time. 

Insilco, a group company of Evonik Industries Germany, is engaged in the manufacture and sales of precipitated silica. The company produces different grades of precipitated silica, catering to the requirements of customers in different industries.

Peers
Company Name CMP
Godrej Industries 1098.10
SRF 2525.80
BASF India 3520.80
Pidilite Inds. 1530.00
Tata Chemicals 652.10
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