Dynemic Products Ltd has announced that the company had started Commercial production from January 03, 2022 for Dye Intermediates Plant at its manufacturing unit situated at Dahej, Gujarat.
The Cost of setting up the said Plant with an annual capacity of 12144 MT is appx Rs93cr. The Cost of the Project was financed through Term Loans taken from Bankers and part of it through usage of its internal accruals, said company.
“The rationale behind this project is to serve the captive demand for our Units and also catering demand in Domestic and Export market”, it further added.
At around 9:21 AM, Dynemic Products was trading at Rs687.05 apiece up by Rs50.65 or 7.96% on Sensex.
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