CIL Nova Petrochemicals’ operations at Moraiya Village plant in Ahmedabad has been temporarily shut down for maintenance work from July 10, 2018. There would not be any material financial impact due to the temporary shutdown of the company’s plant as there is sufficient inventory to service the orders in hand.
CIL Nova Petrochemicals is engaged in manufacturing of Partially Oriented Yarn (POY), Micro-Filament Yarn, Draw Twisted Yarn (DTY), Texturised Yarns and Fully Drawn Yarns (FDY).