DCM Shriram commissions Caustic Soda expansion project in Gujarat thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
DCM Shriram Ltd, on Tuesday, announced that the company’s board of directors accorded an in-principle approval for the entry of its Chemicals business into the domain of “Advanced Materials” by investing into Epoxy and value added products. The company is planning to invest Rs 1000 crore over the next few years to set up a greenfield state-of-the-art epoxy manufacturing plant, it said in a regulatory filing. It may be noted that the company’s
DCM Shriram inks ₹12,000-cr MoU with Gujarat govt - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
DCM Shriram signs MoU with Gujarat govt to invest Rs 12,000 crore by 2028 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
DCM Shriram Ltd. has signed a memorandum of understanding with the Gujarat government to invest Rs 12,000 crore in manufacturing of chemical and petrochemicals products in Bharuch by 2028.
The company currently has significant chloralkali facilities in Bharuch and aims at increasing the existing capacities while adding new products to its portfolio.
Shares of DCM Shriram jumped as much as 13% during the day to hit a 52-week high of Rs 1,175 apiece on the BSE. It closed 10% higher at Rs 1,143.