Philips Carbon is planning to expand its manufacturing facilities in Mundhra, Palej and a greenfield project in Thervoykandigai Industrial Estate near Thiruvallur in Tamil Nadu. The company had signed an MoU with the state government in May 2012. The project had been on back burner for 3 years. The project involves expanding Palej unit by adding 30000 tonnes and 50000 tonnes in Mundhra. The TN project will have a capacity of 1,50,000 tpa. The total investment in these projects are estimated at Rs. 9000 million.
Leave a Reply