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Phillips Carbon Black to complete capacity expansion at Palej plant by Q3/FY21

Tuesday, 23 Jun 2020
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Phillips Carbon Black (PCBL), an RP-Sanjiv Goenka Group Company, is expected to complete capacity expansion at Palej plant in Gujarat by Q3/FY21.
 
The expansion of 32,000 tonne capacity at its plant at Palej is progressing strategically and likely to be commissioned by Q3/FY21.
 
The greenfield project in South India will be fast-tracked at an appropriate time.
 
The PCBL registered a PBT of Rs 350.84 crore in FY20 as compared to Rs 538.8 crore in FY19 and a PAT of Rs 283.76 crore in FY20 as compared to Rs 388.5 crore in FY19, in the backdrop of global recession in the automobile industry further affected by COVID-19.

 

 
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