Article: India: Bodal lines up Rs 140 cr (US$33 Million) expansion.

Byline: pinto03

Ahmedabad-based dyes intermediates, acid, direct dyes and reactive dyes maker Bodal Chemicals plans to invest Rs 140 crore (US$33 Million) on forward and backward integration. The company plans to fund its expansion through internal accruals and loans. Under backward integration, the company is planning to produce basic raw materials for the manufacturing activity. Under forward integration, it plans to expand its existing manufacturing capacity.

Under the first phase, 12,000 mtpa of dyestuff capacity and 3,600 mtpa of beta naphthol in the second phase will be added. In the third phase, 1,45,000 mtpa ...

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