Pondy Oxides & Chemicals Ltd (POCL), one of the leading secondary lead smelters in the country, will set up a manufacturing facility for zinc metal and zinc oxide at Sriperumbudhur in Tamil Nadu with an investment of Rs 45 crores. “The company is planning to implement a manufacturing facility for the manufacture of zinc metal for the capacity of 9000 metric tonnes per annum (MTPA) and zinc oxides for the capacity of 3600 MTPA on the total project cost of Rs 45 crores,” said POCL in a BSe filing on August 5, 2016.
The company has already acquired of 1.36 acres land in Sriperumbudhur for the new site.
POCL produces high-quality lead & lead alloys and PVC additives which are supplied to manufacturers of battery, chemicals and PVC extruded & moulded products. About 50 percent of the company’s production is exported to numerous international markets such as South Korea, Japan, Indonesia, Middle East, etc.