Carborundum Universal to setup new plant at Uttaranchal, expansion in Edapally plant nearing completion

Carborundum Universal Ltd has announced about the following:

- A bonded abrasives facility at Uttranchal at a cost of Rs 20 crores is being set up. The land acquisition for the project has been completed and the plant is expected to be operational in the first quarter of the next financial year.

- A 50 tonne sol-gel grains plant in the existing facility at Edapally in Kerala is nearing completion. Work on a second Micro Grit project in Koratty, Kerala has commenced.

Source : Equity Bulls

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