Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
Festival Offer
This Diwali, Light up your portfolio with MoneyWorks4me Superstars starting @ ₹ 7,999 ₹ 5,999 (Offer valid till 3rd Nov 21)

Indo Rama Synthetics plans new manufacturing facility in Tamil Nadu

11 Feb 2013

In a bid to set up a new manufacturing facility in Tamil Nadu, Indo Rama Synthetics (India) is planning to invest around Rs 4,500 crore in the next three-four years. The company is planning to come up with project that will house polyester manufacturing unit as well as a factory to produce critical raw material Purified Terephthalic Acid (PTA).

At present, the company sources the critical raw material Purified Terephthalic Acid (PTA) from various domestic and international firms and the new facility would help it become self reliant.

The company produced 6.10 lakh tonne of polyester last year and its PTA requirement stood at 5.21 lakh tonne.

Related Indo Rama Synthetics (India) Ltd. Links:

Indo Rama Synth Share Price

48.00 -1.05 (-2.14%) Oct 28, 14:43
1 Year Price Chart
Company Name CMP
JBF Industries 21.20
Indo Rama Synth 48.00
Banswara Syntex 195.50
Ganesha Ecosphere 505.45
Pasupati Acrylon 31.55
View more..
Sensex vs Indo Rama Synth
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323