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Multi-Faceted Expansion
Multi-Faceted Expansion Hansavivek INDIAN RAYON CORPORATION is seek ing an industrial licence to manufacture at Veraval in Gujarat 10,950 tonnes per annum of caustic soda as a backward integration in the manufacture of rayon yarn. The project will be based on the latest membrane cell technology. When completed, this will reduce the cost of caustic lye which is presently being purchased and transported from distant places. The company has also applied for permission to set up a plant to manufacture 20,000 tonnes of acrylic fibre at Nasik in Maharashtra. Meanwhile its application for an industrial licence for manufacture of tableware, sanitaryware and wall tiles is still pending with the government, though clearance under the MRTP Act has since been received. The company will soon take up implementation of the project for annual manufacture of 20,000 tonnes of carbon black in UP, for which it has recently received a letter of intent. It will also take up soon the project for the manufacture of lightning arrestors and condenser bushings. Clearance for the import of capital goods has been already received. The work on the plant for the manufacture of 80,000 tonnes per annum of white cement at Gotan at Nagaur district of Rajasthan is also expected to start soon. Detailed mining prospecting work has been completed and the technology for the plant is expected to be selected shortly.