JBF Industries provides update on operations

Capital Market 

Modernisation of PTA plant in Mangalore to be completed by 1HY of FY 2018

announced that domestic plant in India at Sarigam and Silvassa for producing polyester chips, yarns and Texturised yarns are operating in normalcy.

The work at the PTA plant in Mangalore is continuing as per schedule and is expected to re-commission within the 1HY of FY 2017-18. This plant is being set up with the latest technology of British Petroleum and will be having a capacity of 1.25 million tons per annum.

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