Financial Daily from THE HINDU group of publications
Tuesday, Apr 09, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Corporate - New Projects


Utkal Asbestos plans capacity expansion

Our Bureau

KOLKATA, April 8

UTKAL Asbestos Ltd plans to expand capacity for production of asbestos cement pressure pipes and sheets to 76,000 tonne per annum from the present 36,000 tpa at its plant in Medinipur district of West Bengal.

The cost of the expansion project would be around Rs 17 crore, which would be operational soon, company sources said.

The Medinipur plant near Kharagpur was set up in 1999. The company has another plant in Orissa, which was commissioned in the early eighties. Its capacity is 36,000 tpa.

According to Mr K.P. Sinha, Vice-President of the company, the capacity expansion at the Medinipur plant is estimated to increase annual turnover by about Rs 25 crore.

Send this article to Friends by E-Mail

Stories in this Section
ONGC looking to repay ADB, World Bank loans


Kovai Medical to introduce smart cards
Shriram group co plans low-cost housing units
William M. Mercer takes new name
Group investment cos may sell stake in RIL -- Merger gets shareholders' nod
Pharmacia hikes offer price for Abbott stake
Utkal Asbestos plans capacity expansion
Accountancy services -- DCA group for foreign cos' entry route review
Philips, Nike team gets dressed up for action
PowerGrid plans joint venture with employees
IT Microsystems, CDAC sign MoU
Perform social duty, Jaitley tells corporates
BHEL-Tiruchi looking to prove itself in new technology
PowerGrid eyes Rs 900-cr net
Dr Prakash joins Amareswara


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line