DCM Shriram Consolidated expansion at Kota complete, improves performance

DCM Shriram Consolidated Ltd has announced about the following:

Expanded capacities at Kota fully operational and contributing favourably to the performance.

The Company's expanded capacities in its Chlor-alkali Plastics (including Calcium Carbide), Cement and Captive Power operations at its Kota complex made favorable contributions to overall performance during the quarter under review.

- Chlor-alkali: The Company had completed the chlor-alka capacity expansion in FY2006 to 510 TPD. Its entire chlor-alkali capacity is now based on modern, environment friendly, efficient, membrane cell technology.

- PVC Resin and Calcium Carbide: The Company expanded its Calcium carbide capacity from 190 TPD to 340 TPD and PVC resin capacity from 115 TPD to 175 TPD in FY 2006. It further expanded its PVC resin capacity from 175 TPD to 200 TPD in Q2 FY 2007.

- Power: The Company enhanced its captive power capacity at Kota to 125 MW in Q3 FY 2006, which currently operates at above 100% capacity that enables it to sell the surplus power generated to the state electricity board.

Sugar crushing and co-gen power capacity expansions:

- Sugar crushing capacity: The Company would complete capacity expansion to 33,000 TCD by the coming sugar season.

- Co-gen power: The Company’s co-gen power plant commissioning is progressing on schedule and will become operational by the current sugar season 2006-07. This would raise the total power export from sugar business to 27.5 MW.

Hariyali Kisaan Bazaar

- 9 new stores added during Q2 FY2007: The Company's rural retailing initiative aims at meeting all the needs of the rural population from farming to consumer goods. During the quarter the Company opened 9 new stores.

- The number of Hariyali stores now stands at 40, and is expected to increase significantly over the next 2 years.

Fenesta™ Building Systems:

- The Fenesta business is a value-added extension of the Company’s existing PVC resin and PVC compounding operations. The Fenesta division continued to deliver healthy order booking. The division for the first time received a single order for about 70,000 windows from a leading builder during the current quarter.

- The division’s order book as on September 30, 2006 was 1,44,000 windows Vs 40,000 windows as of September 30, 2005.

- In order to meet the growing demand for Fenesta, during the current quarter, the Company expanded the capacity of its fabrication shop in Bangalore.

- The outlook for this business is healthy and the Company expect Fenesta division to be operationally break even by end of FY 2007.

Source : Equity Bulls

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