Kemistar Corporation Limited through K P International Private Limited the wholly owned subsidiary of the company announces expansion of 1800 MTPA of Sulfonated Product having capacity of 1200 MTPA at plant situated at Dahej, Bharuch which is a chemical hub of Asia. This will opens up the new intensification areas for the Company in the future. In addition to this, increase in productivity and efficiency after expansion may leads to higher margins for the company.
The Additional Capacity of 1800 MTPA has been installed at Plant situated at Dahej, Bharuch. And the company has already started the commercial production.
The project will contribute 100% increment in sales revenue subject to setting up the production system & quantity.
The Company is intensifying its market reach by serving over 50 customers across all business segments.
Shares of Kemistar Corporation Limited was last trading in BSE at Rs.42.2 as compared to the previous close of Rs. 43.95. The total number of shares traded during the day was 1527 in over 18 trades.
The stock hit an intraday high of Rs. 44 and intraday low of 42. The net turnover during the day was Rs. 64560.