New Launch9 Jun 2025, 12:57 pm
Indo Borax & Chemicals to Invest Rs. 20 Cr in Boron Oxide Manufacturing Facilities
AI Summary
Indo Borax & Chemicals Ltd. is setting up manufacturing facilities for a capex outlay of Rs. 20 Cr. The plant, to be set up at Pithamput, Indore, Madhya Pradesh, will manufacture Boron Oxide used in refractories. The company plans to achieve full capacity addition within a year, with the majority of the investment being financed through internal accruals.
Key Highlights
- Indo Borax & Chemicals to invest Rs. 20 Cr in Boron Oxide manufacturing facilities
- The plant will be set up at Pithamput, Indore, Madhya Pradesh
- Boron Oxide is used in refractories
- Full capacity addition planned within a year
- Majority of the investment to be financed through internal accruals