Chemfab Alkalis bags approval to enhance Caustic Soda capacity to 56,575 TPA; Stock ends 11% up

The company said that consent capacities of all co-products has also been enhanced.

Apr 09, 2021 04:04 IST India Infoline News Service

News Newspaper Text
Chemfab Alkalis on Friday announced that the company has received Consent to Operate (CTO) enhancing its Caustic Soda capacity from 45,600 TPA to 56,575 TPA.

The company said that consent capacities of all co-products has also been enhanced.

Further, the company said, "all CAPEX were funded through internal accruals."

On Sensex, Chemfab Alkalis closed at Rs139.70 per piece up by 10.79%. The stock had touched a day's high of Rs149 per piece during trading hours.

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