Chemplast Sanmar plans new plant
Chemplast Sanmar Ltd, a flagship company of the Sanmar Group, on Tuesday said it will invest Rs 300 crore for setting up a power generation plant and for conversion of its mercury based caustic soda manufacturing process at Mettur.
The board of directors has approved the investment of Rs 220 crore for setting up coal based power generation plant and Rs 80 crore for converting mercury based caustic soda manufacturing process to a membrane based process, the company informed the Bombay Stock Exchange.
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