Tanfac Industries to develop new plant in Cuddalore
Chemical sector firm Tanfac Industries has plans to develop a new downstream fluorinated chemicals manufacturing facility. The new facility with a capacity of 20,000 tonnes per annum would be developed at Cuddalore, Tamil Nadu.
The project would take an investment of Rs 495 crore, for which the firm plans to raise Rs 500 crore by selling equity shares to institutional investors.
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