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| Exchange Received Time 09/07/2018 16:44:24 Exchange Disseminated Time 09/07/2018 16:44:28 Time Taken 00:00:04 | SRF Limited Announces Setting up of a Polyester Film and Resin Plant in Thailand
SRF Limited, a chemical based multi-business entity engaged in manufacturing of industrial and specialty intermediates announced today the setting up of a second Bi-axially Oriented Polyethylene Terephthalate (BOPET) film line and a Resin plant in Thailand at an investment of approximately US$ 60 million. This new plant will be put up at our existing manufacturing location in Rayong, Thailand by our wholly owned subsidiary - SRF Industries (Thailand) Limited and is expected to become operational in close to two years. Once operational, the new line will be capable of producing approximately 40,000 metric tonnes per annum. The upcoming facility will house best-in-class 10.6m wide Dornier make line, which is the widest and latest technology machine available anywhere in the world. In addition, direct film casting will be installed which is expected ......... |
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