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Camex provides update on its recent diversification into plastic chemicals

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Capital Market

Sets up Polyethylene Wax manufacturing plant in Ankleshwar

Camex announced that it has book orders worth more than Rs 2 crore in plastic chemicals. The Company recently diversified into plastic chemicals by setting up a new plant at GIDC Ankleshwar for manufacturing Polyethylene Wax. The new plant has initial manufacturing capacity of 5000 MT p.a. for which it has already earmarked an investment of Rs 10 crore for the new venture. The first phase of the same became operational from May 2016.

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First Published: Jul 04 2016 | 10:40 AM IST

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