Ultramarine & Pigments has received an approval for investment of Rs 70 crore for setting up a plant for manufacture of surfactants / specialty chemicals at Industrial Park - Naidupet, Nellore district in state of Andhra Pradesh. The funding will be a mix of internal accruals and term loan. The board of directors at its meeting held on April 10, 2018 has approved for the same.
Ultramarine & Pigments is one of the largest pigment and surfactant manufacturing company of Indian origin, having two factories in south India. It specializes in the manufacture of inorganic pigments and organic surfactants with international quality standard.
| Company Name | CMP |
|---|---|
| Sudarshan Chemicals | 874.00 |
| Bodal Chemicals | 67.59 |
| Shree Pushkar Chem | 347.25 |
| Kiri Industries | 419.00 |
| Ultramar & Pigments | 418.95 |
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