JBF Industries is entering into a partnership with the Coca Cola Company to set up production facility for Bio-Glycol (MEG) in Brazil. It is estimated that the facility will produce 5,00,000 tons of material per year by using locally sourced Ethanol from sugarcane, a renewable source of raw material and eco friendly route.
The company is working with the Coca Cola Company to work out details of the project and as per the understanding majority of the production will be taken by Coca Cola.
JBF Industries is engaged in the manufacturing of polyester chips, partially oriented yarn and polyester processed yarn/specialty yarn at its plants at Silvasa in the Union Territory of Dadra and Nagar Haveli and at Valsad (Gujarat). The company is one of the leading names in Polyester business in India.
