Polygenta Technologies update on new FDY Plant

To temporarily stop integrated operations for commissioning of new plant

Sep 14, 2019 06:09 IST capital market

Polygenta Technologies announced that the company is setting up a Plant for production of Fully Drawn Yarn (FDY). The said FDY Plant is expected to start commercial production from Nov19. Once the Plant is operational, the Production Capacity of Polygenta will increase by approximately 25%.

For the purpose of uninterrupted erection and commissioning of the FDY Plant, the Company will temporarily stop the integrated operations of all units on 15 September 2019, which are expected to resume by middle of October 2019.

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