HFCL arm establishes Greenfield Facility for manufacturing of Polymer Compound

HTL Ltd., a material subsidiary of HFCL Ltd, has established a state-of-the-art Polymer Compounding facility as backward integration at its Hosur plant in Tamil Nadu for manufacturing of Polyolefin based compounds of various grades and colours which are required as raw material for manufacturing of Optical Fibre Cables.

With an installed capacity of 24,000 MT per annum, this backward integration will ensure seamless availability of various grades of Polymer for the Company and HTL's plants at Goa, Chennai and Hyderabad and also improve profitability being a significant cost component in manufacture of Optical Fibre Cable being supplied in Domestic and Export Markets.

Source : Equity Bulls

Keywords

HTL HFCL PolymerCompoundingFacility BackwardIntegration Hosurplant