Brief: Ester Industries To Invest 5 Bln Rupees Towards Setting Up Bopet Film Facility

Ester Industries

06/03/2020 06:35

March 6 (Reuters) - Ester Industries Ltd  ESTR.NS :
    * ESTER INDUSTRIES LTD SAYS TO EXPAND ITS BOPET FILM
CAPACITY
    * ESTER INDUSTRIES -TO INVEST 5 BILLION RUPEES TOWARDS
SETTING UP
BOPET FILM FACILITY AT NEW LOCATION IN A WHOLLY OWNED UNIT TO
AVAIL BENEFITS OF LOWER TAX
    * ESTER INDUSTRIES -FUNDING TO BE THROUGH MIX OF INTERNAL
ACCRUALS
AND DEBT
    * ESTER INDUSTRIES -FACILITY IS EXPECTED TO BECOME
OPERATIONAL IN
THE NEXT 18 - 24 MONTHS
    * ESTER INDUSTRIES -NEW FACILITY WILL TAKE CO'S TOTAL BOPET
FILM
CAPACITY TO 108,000 MT

Source text : http://bit.ly/39qQBKw
Further company coverage:  ESTR.NS 

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