Brief: India's Finolex Industries Says Ops To Be Hit By Supplier's Force Majeure

Finolex Industries

17/02/2020 14:24

Feb 17 (Reuters) - Finolex Industries Ltd  FINX.NS :
    * DUE TO FORCE MAJEURE DECLARED BY SUPPLIER, OPERATIONS OF
CO WITH
RESPECT TO ITS VCM TO PVC ROUTE TO BE AFFECTED FOR 30-35 DAYS.
    * FORCE MAJEURE WOULD RESULT IN SHORTAGE OF PVC PRODUCTION
OF
APPROX 15,000 MT
    * MANUFACTURING AND SUPPLIES OF PVC PIPES AND FITTINGS OF
COMPANY
WILL NOT GET AFFECTED
    * EDC (ETHYLENE DICHLORIDE) TO PVC (POLYVINYL CHLORIDE)
ROUTE
PRODUCTION WILL NOT BE AFFECTED.

Source text for Eikon:  ID:nBSE9w5mln 
Further company coverage:  FINX.NS 

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