Grasim Industries' Cellulosic Division commissioned a new line of 300TPD capacity of VSF

14 Feb 2022 , 12:20 PM

Grasim Industries Ltd. announced that in relation to its disclosure earlier on 1st November 2021 relating to Viscose Staple Fibre (VSF) Expansion Project at Vilayat (Gujarat), the company would like to add that it has successfully commissioned a new line of 300 Ton Per Day (TPD) capacity of VSF at Grasim Cellulosic Division, Vilayat Gujarat.

It has commenced production on 12th February 2022, and the total capacity of the company has increased to 8,10,000 TPD from the existing capacity of 700,500 TPD per annum.

At around 12.16 PM, Grasim Industries was trading at Rs1,660.75 against its previous closing price of Rs1,710.15, down by Rs49.40 or 2.89%. It touched day’s high of Rs1,696.60.