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Asahi Tennants Color commences commercial operations at its Dahej plant

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Capital Market
Last Updated : Dec 14 2020 | 5:50 PM IST
Asahi Songwon Colors announced that Asahi Tennants Color, its JV with Tennants Textile Colours (TTC) of UK has commenced commercial operations at its Dahej Plant, Bharuch, Gujarat.

The state-of-the-art Dahej plant will make Red & Yellow pigments. The installed capacity of the AZO pigment plant is 2400 metric tonnes per annum. The plant has been set up at a cost of Rs. 82 crore.

The JV, in which Asahi holds 51% stake and TTC 49%, was announced on 22 October 2019, and ground breaking ceremony of the plant was performed on 12 December 2019, with an expected date of commissioning in March 2021.

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First Published: Dec 14 2020 | 5:30 PM IST

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