Tuticorin Alkali Chemicals & Fertilisers' shuts down salt field production due to cyclonic effect

The plants are under shut down awaiting the fresh crop of salt.

Jun 04, 2021 03:06 IST India Infoline News Service

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Tuticorin Alkali Chemicals & Fertilisers Ltd has announced that due to the two cyclones –one of Arabian sea and the other one from Bay of Bengal, Tuticorin salt fields received heavy rains thus affecting the production drastically.

The plants are under shut down awaiting the fresh crop of salt. The company is also attending to some maintenance issues utilizing the opportunity, the plant is expected to be shut down for the next 20 days.

At around 3:25 PM, Tuticorin Alkali Chemicals & Fertilizers was trading at Rs11.92 apiece up by Rs0.37 or 3.2% from its previous closing of Rs11.55 apiece on Sensex.

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