Commenting on the Modernization, Ankit Patel, Executive Director said, “This technology upgradation is a notable achievement for the company as we will be able to serve incremental demand for Caustic Soda and reduce overall energy cost.
Demand for this chemical has been healthy over the last few years, especially in Home Care, Textile, & Paper industries and very few players were able to serve those industries that are based out in North India.
This will lay the foundation for the company’s next phase of growth and will enhance our market position in the Chlor-alkali chemicals.”
At around 9:45 AM, Bodal Chemicals Ltd is currently trading at Rs83.10 per share up by Rs0.25 or 0.3% from its previous closing of Rs82.85 per share on the BSE.
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