Finolex Industries to see hit in operations due to force majeure by supplier

18 Feb 2020

Finolex Industries is expecting hit on the operations of the company with respect to its VCM to PVC (polyvinyl chloride) route for 30 to 35 days, due to Force Majeure declared by its major VCM (vinyl chloride monomer) supplier during March 2020. This would result into a shortage of PVC production of approximately 15000 MT. However, its EDC (Ethylene Dichloride) to PVC route production will not be affected.

Finolex Industries is the largest PVC pipe manufacturer in India.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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