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Pondy Oxides & Chemicals to purchase 1.36 acres of land in Tamil Nadu

11 Feb 2013 Evaluate

Pondy Oxides & Chemicals has received an approval for purchase of 1.36 acres of land located at G-1, Sipcot Industrial Park, Sriperumbudhur, Kancheepuram District in Tamil Nadu for a consideration of Rs 2.07 crore approximately for its future expansion programme. The board at its meeting held on February 09, 2013 has approved for the same.

Pondy Oxides & Chemicals is one of the India's leading metallic oxides and plastic additives producers. The company has also promoted a subsidiary company by the name Baschem Pharma at Maraimalai Nagar in Tamil Nadu to manufacture liquid stabilizers Epoxy oil and paint driers.

Peers
Company Name CMP
Hindalco Industries 977.95
Vedanta 260.00
Hindustan Zinc 591.45
Jain Resource Recycl 273.85
CMR Green Tech 229.85
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