Indian Acrylics’ sale of Acrylic Fibre and Acrylic Yarn is steadily going up since last quarter in both domestic as well as export markets. Export sale of the company is increasing to double in this quarter. The operation rate of the plant has further increased to 80% in acrylic fibre business and 84% in spinning business during this quarter, which is higher by 4% over the last quarter.
The gradual easing of Covid 19 restrictions on Retail sector / Schools is helping in the return of domestic consumer demands of Acrylic garments and also in the increase of Acrylic Fibre and Acrylic yarn Sales. There is improvement of sale and margin following recent cut of production capacity by producers of Acrylic Fibre in Germany and also due to new capacity of raw materials adding within Asia.
Indian Acrylics is the largest and most efficient acrylic fiber manufacturer of India and an important player in the global industry with exports to Asia, Europe and the Middle East.
