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JB Chemicals receives order for closure of formulation manufacturing facility at Daman

20 Apr 2018 Evaluate

JB Chemicals & Pharmaceuticals (JBCPL) has received an order from Office of Member Secretary, Pollution Control Committee, Daman (PCC) directing the closure of the company’s formulation manufacturing facility at Daman on the ground of alleged deviation of standards of treated waste water released from ETP outlet of the said facility. During 2017-18, the total sales of formulations manufactured at the said facility amounted to about Rs 223 crore.

The company does not accept the analytical results obtained by the said authority. The company is taking all necessary steps so as to resume operations at the said facility in line with the standards prescribed by the said authority. The company’s said facility has received all NOC/Consents to operate under applicable environmental laws and is operating well within the framework of law.

JB Chemicals & Pharmaceuticals is engaged in manufacturing of pharmaceutical specialties in various dosage forms, herbal remedies, diagnostics, generic drugs, active pharmaceutical ingredients (APIs).

JB Chem & Pharma Share Price

2003.95 -8.00 (-0.40%)
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Company Name CMP
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Cipla 1294.75
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