Indo Rama Synthetics to set up Purified Terephthalic Acid (PTA) unit in Tamil Nadu

Indo Rama Synthetics Ltd is planning to set up a Purified Terephthalic Acid (PTA) manufacturing unit in Tamil Nadu. The project will entail an investment of Rs. 45000 million and is likely to go operational in 2015. The company is currently scouting for land. It will be a backward integration programme and the whole PTA manufactured will be captively consumed by Butibori unit.

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