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Kilburn Chemicals seeks financial resolution to restart production

12 Dec 2018 Evaluate

Kilburn Chemicals has not restarted the production operations, after the scheduled annual Boiler maintenance period, due to severe cash flow issues.

The company has already approached its Bankers with alternate restructuring plans for its loan facilities and is awaiting positive developments for financial resolution, so that production could be restarted at the earliest.

Kilburn Chemicals is a leading producer and exporter of Anatase Grade Titanium Dioxide in India. It produces Titanium Dioxide by the Sulphate route. KCL also manufactures and exports the by-product Ferrous Sulphate.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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