At meeting held on 23 June 2017
Pincon Spirit announced that the Board of Directors of the Company at its meeting held on 23 June 2017 has approved the following -Setting up of Rice Bran Oil Refinery and Solvent Extraction Automated Plant at Dankuni Industrial Area, West Bengal at a tentative cost of Rs 30 crore with a production capacity of 200 MT per day for captive use for own brand Pincon Rice Bran Oil in the proportion of 50% pan India distribution and marketing and 50% corporate tie-up for bulk supply.
Setting up of polyethylene terephthalate preform bottle (PET) manufacturing plant at Asansol, West Bengal at a tentative cost of Rs 20 crore with a production capacity of 10 lakh bottles per day for 100% captive use in own bottling unit of own brands.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
