ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Power, the Key

Power, the Key Hansavivek J K SYNTHETICS has planned to set up big new projects besides effecting substantial expansion of its existing manufacturing facilities. It has been granted 'letters of intent' for putting up two new cement plants with an annual capacity of 4,20,000 tonnes and 6,00,000 tonnes in Rajasthan. The company's application for putting up new production facilities with an annual capacity of 4,20,000 tonnes at Nimbahera is under consideration of the government. When the formal approval is received and the project is implemented, Nimbahera complex will have three cement plants including the existing ones with an aggregate production capacity of 1.14 million tonnes per annum. This will then be one of the largest cement producing centres in the country. The company has also obtained a 'letter of intent' for manufacturing 50,000 tonnes per annum of white cement. Orders for the main plant and machinery have been placed and steps are under way to acquire land for the project. The company has a letter of intent' for substantial expansion in its capacity for manufacture of polyster filament yam by 6,000 tonnes per annum. Effective steps are being taken to implement the project. The company has received a 'letter of intent' for increase in the licensed capacity for production of nylon tyre- cord fabric from 800 tonnes to 2,760 tonnes per annum and tyrecord yarn frem 1,600 tonnes to 3,000 tonnes per annum. While these projects are under implementation, the company is seeking further expansion of manufacturing capacity of nylon tyrecord yam to 4,800 tonnes per annum. The company has received various approvals from the government for effecting expansion in the capacity for manufacture of polyester staple fibre from 6,000 tonnes to 12.000 tonnes per annum, including import of knowhow, technical services and capital goods. The project is progressing satisfactorily. The company's application for effecting substantial expansion of acrylic fibre capacity from 4.000 tonnes to 10,000 tonnes per annum is under government's consideration.

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