Insilco shuts-down its plant due to high inventory, low sales volume

Insilco has shut down its plant with effect from March 11, 2014 due to high inventory and low sales volume and it is expected to restart operations from March 25, 2014. The company shall also carry out routine preventive maintenance and cleaning during this time.

Insilco’s principal activity is to manufacture and sell precipitated silica. It produces different grades of precipitated silica, catering to the requirements of customers in rubber and non-rubber segments. The rubber applications include tyres, footwears, rice roller, rubber auto parts and miscellaneous rubber goods industries. The non-rubber applications include plant protection, feed, food, toothpaste, detergents, battery separator, paints, silicon rubber, frp, defoamer, pharmaceuticals and distilleries.