SRF has received an approval for its proposed capital expenditure proposals. The company has received an approval at its board meeting held on July 28, 2011. The board has approved investment in a thin BOPET film line (28500 TPA) and metalizer (7050 TPA) in Thailand as a cost of $65 million equivalent to Rs 290 crore approximately. Also, the plan to set up 28500 MT BOPET Film plant in Bangladesh through a 80:20 joint venture with Nitol Niloy Group will be reviewed by the board.
Further, revised capital expenditure for the Multipurpose Chemical Plant at Dahej to Rs 132 crore from Rs 97 crore had been approved by the board at its meeting held on March 29, 2010.
SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.
| Company Name | CMP |
|---|---|
| BASF India | 3651.95 |
| Tata Chemicals | 804.85 |
| SRF | 2551.40 |
| Pidilite Inds. | 1364.45 |
| Deepak Nitrite | 1751.80 |
| View more.. | |
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