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| Exchange Disseminated Time | | BASF India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 31, 2008, inter alia, has approved the proposal concerning setting up of compounding plant at Thane site for the engineering plastics (KT) business. The plant capacity would be 9000 TPA and the plant is expected to come on stream by the second half of 2009. the cost of the said compounding plant for the KT business is estimated at Euro 2.9 mio (INR 172 mio) and will be financed by internal accruals and borrowings. |
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