Thursday, 16 January 2014

Oriental Carbon & Chemicals suspends operations of its SEZ Unit at Mundra

Oriental Carbon & Chemicals has suspended operations of its SEZ Unit located at Mundra. The company plans to approach the apex court shortly seeking necessary redressal in this respect.

The company has taken this step after the Gujarat High Court pronounced an order on January 13, 2014 in a PIL against Adani Ports and Special Economic Zone (APSEZ), located in Mundra, Kutch district and all manufacturing units therein - where the company has its SEZ Unit - to temporarily stop operations till the APSEZ receives environmental clearance from the Ministry of Environment & Forest (MoEF).

Oriental Carbon & Chemicals produces wide range of insoluble sulfur grades (Including Pre-dispersed & Master batches), which are being widely exported to leading tyre companies around the world.

No comments:

Post a Comment