Deals29 Jul 2024, 05:15 pm
Styrenix Performance Materials Ltd Awards Contract to Toyo Engineering India Private Limited
AI Summary
Styrenix Performance Materials Ltd has awarded a contract to Toyo Engineering India Private Limited for the expansion of a new HIPS Line at Dahej. The project aims to increase the overall Polystyrene capacity to 150 KT per annum. The contract period is 7 months from the date of contract, and the project's broad consideration is to set up a Brownfield Expansion project. There are no related party transactions involved in this contract.
Key Highlights
- Styrenix Performance Materials Ltd awards contract to Toyo Engineering India Private Limited
- Project aims to increase overall Polystyrene capacity to 150 KT per annum
- Contract period is 7 months from the date of contract
- Broad consideration is to set up a Brownfield Expansion project
- No related party transactions involved