New Launch8 Aug 2025, 06:01 pm
Platinum Industries Ltd. Commences Commercial Production at Palghar Facility
AI Summary
Platinum Industries Ltd. has announced the commencement of commercial production at its manufacturing facility in Palghar, Maharashtra, effective from August 08, 2025. The facility, which was one of the objectives of the company's Initial Public Offer, began operations with Phase 1 focusing on the production of Q%V@dld.i«tibé E with a production capacity of 12,000 MTPA. The company looks forward to continued growth and expansion, with the next phase expected to be achieved by December 31, 2025.
Key Highlights
- Platinum Industries Ltd. commences commercial production at its Palghar facility
- The facility is located at Gut No. 496/2 & 560/2, Old Satpati Road, Shirgaon village, Palghar-401404, Maharashtra
- The initial production focuses on Q%V@dld.i«tibé E with a capacity of 12,000 MTPA
- The setting up of this facility was one of the objectives of the company’s Initial Public Offer
- The company anticipates continued growth and expansion with the next phase expected by December 31, 2025