Grasim commences VSF plant operation at Vilayat, Gujarat
Source: IRIS | 31 Jul, 2014, 11.30AM
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Rating: NAN / 5 stars. |
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Grasim Industries announced that the commercial production at the company's Greenfield Viscose Staple Fibre (VSF) plant at Vilayat (Gujarat) has commenced with the commissioning of 2 lines with a capacity of 77,000 MT per annum of grey / dyed fibre. The work on the remaining 2 lines to produce modal / micro modal fibre is at an advanced stage of commissioning. On completion, the capacity at Vilayat Plant will increase to 1,20,000 MT per annum.
Shares of the company gained Rs 13, or 0.4%, to trade at Rs 3,275. The total volume of shares traded was 3,636 at the BSE (11.23 a.m., Thursday).
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