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Wednesday, 10 August 2016

TCI Sanmar investing USD 200 mn until April 2017

Indian petrochemicals manufacturer TCI Sanmar are increasing their domestic investments by USD 200 mn to USD 1.5 bn as part of an expansion plan that ends in April 2017, company Director P. S. Jayaraman told Al Mal. The expansion plan will double the company’s annual production of polyvinyl chloride (PVC) to 400k tonnes, increase sodium hydroxide production to 275k tonnes, and produce 135k tonnes of calcium chloride, he added.

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