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Thursday, Feb 26, 2004

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India Rayon hikes capacity in Gummidipoondi unit

Our Bureau

Mumbai , Feb. 25

INDIAN Rayon and Industries Ltd has informed the Bombay Stock Exchange that the brownfield expansion of capacity by 40,000 tonnes at its Hi-tech Carbon Division in Gummidipoondi has been commissioned.

The capacity of the plant has now increased from 44,000 to 84,000 tonnes and its total carbon black capacity has now increased to 1.6 lakh tonnes.

The commercial production from the above expansion project has started with effect from February 23.

Hi-tech Carbon manufactures carbon black, which is used in automotive tyres, plastics, paints, pigments and printing ink industries.

Carbon black is used as a reinforcing agent in tyres when blended with polymers.

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