Expansion at Finolex

By Usha Somayaji | 14 Nov 2000

1

Finolex Industries Ltd., which makes pipes and PVC resin, has plans to simultaneously expand capacities and look for higher return on capital from existing investments.

Finolex Industries proposes to increase PVC resin capacity by another 150,000 tonnes per annum at its existing plant at Ratnagiri, taking its present capacity of 130,000 tpa to 280,000 tpa, with an incremental investment of Rs 350 crore.

Finolex is among the few organisations in the country to have its own cryogenic jetty off the western coast of the country at Ratnagiri, close to its PVC plant. The jetty serves as a dedicated entry point for import of its raw material, ethylene gas and EDC (ethylene dichloride). The company has also created LPG terminals, which it has leased out to Bharat Shell.

The company has now planned to create and lease out additional terminals for bitumen and kerosene, with capacities of 1,200 tonnes per month.

 

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers