India’s GNFC on target to start up Bharuch etac plant in end-Oct
11 October 2012 09:03 [Source: ICIS news]
MELBOURNE (ICIS)--?xml:namespace>India's Gujarat Narmada Valley Fertilizers Co (GNFC) is on target to start up its new 50,000 tonne/year ethyl acetate (etac) plant at Bharuch in Gujarat state by the end of October, said a company official on Thursday.
“We have completed pre-commissioning of the plant, and will next look at feeding of raw material,” the official said.
Once the plant achieves on-spec output, GNFC will focus its initial sales in the domestic Indian market, the official added.
Domestic etac prices in India are at Indian rupees (Rs) 52-53/kg ($980-999/tonne) EXW (ex-works) in October.
($1 = Rs53.06)By: Trisha Huang
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