Brief: GP Petroleums to discontinue production, sales from Daman plant
29/09/2017 11:45
Sept 29 (Reuters) - Gp Petroleums Ltd GPPE.NS :
* To discontinue production, sales from Daman plant and
shift same to Vasai plant where sufficient unutilized capacity
is available
* Propose to set up new green field lubricant plant at
Valsad (Gujrat) with estimated capacity of 100,000 KL
* Manpower deployed at Daman plant will be absorbed in Vasai
plant
Source text: http://bit.ly/2xOG2kj
Further company coverage: GPPE.NS
((Bangalore.newsroom@thomsonreuters.com;))
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