Fiberweb (India) has received export orders worth Rs 152 million (USD 2.34 million) for newly established first phase of expansion plan Melt Blown products. USA and other countries have great demand of this products and this is the only first order as beginning which will keep machine busy beyond March, 2018.

The Melt Blown products are special highly technical process and the company has just started trial production from November 1, 2017. The product was tested in laboratory in USA and the samples were sent to existing customers who started the orders. The company expects that shortly it may be booked for full next year.

Shares of the company gained Rs 4.35, or 1.37%, to trade at Rs 322.50. The total volume of shares traded was 7,081 at the BSE (9.48 a.m., Tuesday).