Financial Daily from THE HINDU group of publications Friday, Jun 11, 2004 |
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Corporate
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New Projects Kanoria's new PAC facility to go on stream by month-end Ambarish Mukherjee
New Delhi , June 10 KANORIA Chemicals and Industries Ltd (KCIL) is planning to put its new polyaluminium chloride (PAC) plant on stream by the end of this month. The plant was scheduled to go on stream last month but it has been delayed due to various reasons, officials said. According to officials, the new 55,000 tonnes per annum plant would add around Rs 5 crore in revenues to the company during the current fiscal, which would go up in subsequent years. This would result in topline growth, they added. KCIL had purchased the PAC plant from DCM Shriram Consolidated Ltd (DSCL) last year. While the DSCL plant had Italian technology, KCIL already had an agreement with the Germany-based Sachleben Chemic GmbH for PAC technology. "This gives us access to two different technologies which, in turn, provides us the additional flexibility to produce a wide range of this product which comes in various grades," company officials said. PAC is used for various applications in water purification as a substitute for alum. It is used for drinking water purification, in cooling towers, industrial wastewater treatment and as a process chemical in the paper industry. As of now the company will be making liquefied PAC but will eventually go for solidified PAC as it is easier for transportation and gets better realisation, officials said. Meanwhile, the company's ongoing expansion plan to increase caustic soda capacity from 50,000 tonnes to 88,000 tonnes per annum at an investment of Rs 93 crore and setting up of a 25 MW coal-based power plant are on schedule. The contract for the power plant has been given to Thermax on a turnkey basis, the officials said, adding that for the new caustic soda capacity the company was going in for using membrane technology, for the first time. This is the current global practice and is fast replacing the earlier mercury-based technology. KCIL also plans to eventually phase out its mercury-based capacity and replace it with the new membrane technology, the officials said.
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