Edition:
United Kingdom

Nocil Approves In-Principle Capex Proposal Of 1.68 Bln Rupees


Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Nocil Ltd ::APPROVED AN IN-PRINCIPLE CAPEX PROPOSAL OF 1.68 BILLION RUPEES - PHASE 2 FOR EXPANSION OF PRODUCTION FACILITIES FOR RUBBER CHEMICALS.INVESTMENT IS EXPECTED TO MAINTAIN THE ASSET TURNOVER RATIO OF 2:1.CAPEX IS EXPECTED TO BE COMPLETED DURING Q1 FY 2019-20. 

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