Business Update30 Mar 2024, 05:35 pm
Century Enka Completes Rs.240 Crore Project for Tyre Reinforcement, Announces PTCF Approval Process
AI Summary
Century Enka has completed its project worth Rs.240 crores, which includes the commissioning of SSP and polyester spinning capacity for Polyester Tyre Cord Fabric (PTCF). The company will now initiate the approval process for the fabric with tyre companies.
Key Highlights
- Century Enka completes project worth Rs.240 crores
- Commissioning of SSP and polyester spinning capacity
- Start of approval process for Polyester Tyre Cord Fabric (PTCF)
- Completion of all projects approved under the capex
- Company will now engage with tyre companies for PTCF approval