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Grasim Industries resumes operation at Chemical Plant at Vilayat in Gujarat

24 Dec 2013 Evaluate

Grasim Industries has resumed operations of the Chemical Plant at Vilayat in Gujarat. The Company has also commenced operations of the downstream Epoxy Plant at Vilayat. The full capacity at both the Plants will be achieved in a phased manner.

Earlier, as on dated October 07, 2013, the Company's Chemical Plant was suspended due to unexpected floods affecting the plant/ power supply.

Grasim Industries is the flagship company of the Aditya Birla Group. Starting as a textiles manufacturer in 1948, today Grasim’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90 per cent of its revenues and operating profits.

Peers
Company Name CMP
Grasim Industries 3171.00
DCM Shriram 998.35
3M India 34233.10
Hindustan Foods 625.90
Balmer Lawrie & Co 168.10
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