Corporate Announcement
Security Code : 506222    Company : STYRENIX    
 
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  Exchange Disseminated Time     
INEOS ABS (India) Ltd has informed BSE as under :

"This in continuation of our letter dtd. March 2, 2012, the Styrolution management has initiated furthering business plans, for which necessary disclosure is made :

The expansion of ABS specialties capacity in Vadodara, India, will foster growth by enabling us to meet increased domestic demand for our products. The capacity expansion will be achieved through debottlenecking, which in-volves installing an additional SAN line and expanding compounding capacity. After the debottlenecking, which is expected to be finished by 2014, the ABS capacity in Vadodara will amount to 110 kilotons per year."
 

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