SPIC to sell plant and machinery of Enzyme unit for Rs 75 lakhs

13 Dec 2012 Evaluate

Southern Petrochemicals Industries Corporation (SPIC) has received an approval for the sale of assets used in Enzyme unit predominantly plant and machinery of the company for a consideration of Rs 75 lakhs. The board at its meeting held on December 12, 2012 has approved for the same.

Southern Petrochemical Industry Corporation since its founding has been providing product and services that feed, nourish, and protect the agriculture and rural ecosystem. The company is now a well diversified one with area of businesses spreading from fertilizers to pharma.

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