24 Nov 2022 , 12:29 PM
Post completion of successful trials, Raj Rayon Industries Ltd has commenced the commercial production of Textured Yarn on November 22, 2022, at its Silvassa Plant.
The DTY machines have been refurbished. Mechanical and production trials were completed.
After the successful trials the Company has started the commercial production for this unit from 22nd November, 2022 by purchasing POY from the open market.
The company is yet to commence commercial production of Purified Terephthalic Acid and Mono Ethylene Glycol which are the main raw materials used to prepare the Polymer after passing through several reactors are converted into polyester chips and POY.
The company is yet to commence production at POY plant where Polymer is received directly from the CP to the POY plant via specialized polymer transfer pipelines. This polymer is then spun and drawn to make POY.
At around 12:32 PM, Raj Rayon Industries Ltd is currently trading at Rs57.45 per share up by Rs1.1 or 1.95% from its previous closing of Rs56.35 per share on the BSE.
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