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

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SIMPLEX MILLS-Special Papers

stands increased to the extent of Rs 13.50 crore. The company has approached the financial institutions for necessary financial assistance to meet this additional cost. The implementation work for the-project is progressing ahead of schedule and the trial runs are expected to start around July 1988. With the commissioning of this mill, the country will step into a new era of producing thinner gauge cold rolled steel sheets which hitherto have been imported. As a measure of forward integration, the company has obtained a letter of intent for setting up a plant to manufacture 50,000 TPA of PVC coated steel sheets. The company is also taking steps for enhancement of production capacity of existing galvanising line to cater to additional demand for. galvanised sheets required for manufacture of PVC coated sheets and also consequently reduce its overall unit cost of production.

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