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SRF To Invest $58 Million To Set Up New Plant At Indore

Industry Chemicals & Petrochemicals

SRF Limited is planning a Greenfield BOPET plant at Indore, Madhya Pradesh with an investment of$58 million. The plant will have a capacity of 30,000 TPA and a metallization capacity of 8,000 TPA. Of the total investment, World Bank's investment arm IFC is considering financing up to $40 million. The balance will be financed by SRF.

Extracted from BS, Feb 08,’16

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