Brief: Navin Fluorine International - Signed Multi-Year Contract With Global Co For $410 Mln

Navin Fluorine International

25/02/2020 08:23

Feb 25 (Reuters) - Navin Fluorine International Ltd
 NAFL.NS :
    * NAVIN FLUORINE INTERNATIONAL LTD -  SIGNED MULTI-YEAR
CONTRACT
WITH A GLOBAL COMPANY FOR $410 MILLION
    * NAVIN FLUORINE INTERNATIONAL LTD -   PROJECT NEEDS
INVESTMENT OF
ABOUT $51.50 MILLION IN THE MANUFACTURING FACILITY, $10 MILLION
IN CAPTIVE POWER PLANT
    * NAVIN FLUORINE INTERNATIONAL LTD -   WILL EXECUTE THIS
CAPEX AND
THE PROJECT THROUGH UNIT, NAVIN FLUORINE ADVANCED SCIENCES
    * NAVIN FLUORINE INTERNATIONAL LTD - PROJECT WILL BE FUNDED
THROUGH A MIX OF INTERNAL ACCRUALS AND DEBT

Source text for Eikon:  ID: 
Further company coverage:  NAFL.NS 

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