Corporate news

Our Bureau Coimbatore | Updated on November 15, 2017 Published on April 11, 2012

BASF India Ltd is investing about Rs 1,000 crore on new chemical production facility at Dahej that would be an integrated hub for polyurethane manufacturing and would have facilities for manufacture of care chemicals and polymer dispersions for coatings and paper. The total cost is estimated to be Rs 1,000 crore which would be met through internal accruals and loans and commencement of production is planned for 2014.

Empee Sugars & Chemicals Ltd has completed the acquisition of 100 per cent of the paid up equity share capital of Apollo Wind Energy Private Ltd and it has become a 100 per cent subsidiary.

Jubilant Life Sciences Ltd's modern Special Economic Zone (SEZ), spread over 300 acre in Vilayat Industrial Estate, Bharuch district in Gujarat, will be inaugurated on April 13.

KLRF Ltd, which had on December 20, 2011, announced suspension of operations of the open end spinning unit of the textile division of the company, has said it has resumed operations from April 10.

PSL Ltd has bagged an order from Indian Oil Corporation Limited with a cumulative value of approximately Rs 570 crore for the manufacture of pipes and provision of ancillary coating services to the Salaya - Mathura pipeline de-bottlenecking project. The supply will be made from company's plants at Jaipur and Kandla.

Engineering Procurement and Construction (EPC) company Tecpro Systems Ltd has secured orders totalling Rs 297 crore from Abhijeet Projects Ltd and NTPC Ltd. The order from APL worth Rs 155 crore was for a coal handling plant package for phase I of 2x 660 MW super critical thermal power project in Banka district in Bihar. The NTPC order valued Rs 141.9 crore was for ash handling system and ash water recirculation package for Solapur super thermal power project ( 2x660 MW).

Thangamayil Jewellery Ltd is opening its 16th branch at Vellakovil - Tirupur district on April 16.

Wheels India Ltd's board of directors will, on April 25, consider raising equity capital.

Published on April 11, 2012
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