20 May 2009 16:18 [Source: ICIS news]
NEW DELHI, India (ICIS news)--India’s Garden Silk Mills Limited (GSML) will build a 300 tonnes/day polyester chips plant in the Surat district of Gujarat State, the company said on Wednesday.
The Indian Rupees (Rs) 1.5bn ($31.6m, €23.1m) project would also include a 100 tonnes/day fully drawn yarn (FDY) unit, as well as an expansion of its polyester yarn processing capacity, the company added without specifying the start-up schedule.
In early March, the company announced the commissioning of a 600 tonnes/day polyester chips plant.
GSML produces partially oriented yarn (POY), fabrics and readymade garments. The company has production facilities at three locations in ?xml:namespace>
($1 = €Rs47.5, €1 = Rs64.9)To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections