BASF doubles production capacity for polymer dispersions in Dahej

Through this investment, the Company aims to provide a reliable supply of high-quality dispersion solutions to customers in the fast-growing Indian and South Asian markets.

Nov 27, 2019 05:11 IST India Infoline News Service

BASF India
BASF India Limited plans to double its capacity for polymer dispersions with a new production line at its site in Dahej, Gujarat. Through this investment, the Company aims to provide a reliable supply of high-quality dispersion solutions to customers in the fast-growing Indian and South Asian markets.
 
The Company had started the production of polymer dispersions in Dahej, Gujarat in October 2014 and currently operates one production line at the plant. The proposed investment will expand production capacity of dispersions for the construction, coatings, paper and adhesive markets and the enhanced production line will serve growing demand in South Asia, with operations beginning by 2021.

BASF India Ltd is currently trading at Rs1,000.60 up by Rs12.05 or 1.22% from its previous closing of Rs988.55 on the BSE.
The scrip opened at Rs998 and has touched a high and low of Rs1,019.30 and Rs978 respectively. So far 22,486 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs4,279.43cr.

BASF India Ltd is currently trading at Rs1,000 up by Rs11.45 or 1.16% from its previous closing of Rs988.55 on the BSE.
The scrip opened at Rs998 and has touched a high and low of Rs1,019.30 and Rs978 respectively. So far 22,837 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs4,279.43cr.

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