Brief: Kotyark Industries Commissioned Glycerine Processing Pilot Plant

Kotyark Industries

17/01/2023 12:32

Jan 17 (Reuters) - Kotyark Industries Ltd  KOTY.NS :
    * COMMISSIONED GLYCERINE PROCESSING PILOT PLANT
    * CURRENTLY WORKING ON EXPANDING PROJECT WITH A FULL-FLEDGED
COMMERCIAL SCALE FACILITY
    * HAS DECIDED TO SET UP A LARGER FACILITY WITH CAPACITY OF
70 MT
PER DAY
    * EXPANSION PROJECT WILL INVOLVE A CAPEX OF 120 MILLION
RUPEES TO
140 MILLION RUPEES
    * EXPECTS COMMISSIONING OF THIS FACILITY BY END OF CURRENT
QUARTER
    * PRODUCTION RAMP-UP IN COMING FINANCIAL YEAR

Source text for Eikon:  ID:nNSE8rYC2x 
Further company coverage:  KOTY.NS 
 ((Reuters.Briefs@thomsonreuters.com;))