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Kiri Industries receives Rs 100cr multi-year order for dyes
24
Aug '11
Mr Manish Kiri, MD Kiri Industries
Mr Manish Kiri, MD Kiri Industries
Kiri Industries Ltd, India's leading manufacturer and exporter of Dyes, has bagged a massive about US$20 mln per annum export orders for supplies to South East Asia.

This business is over and above the normal expected sales being targeted in the current financial year, FY2012. (March ending 2012).

Kiri Industries also owns DyStar, the world's largest dyestuff company, with operation across the world, and sales of approximately US$800 mln.

Mr Manish Kiri, MD of Kiri Industries said: “This landmark order will allow KIL to penetrate into on of the largest textile producers globally with it entire product range”.

KIL had contracted a brilliant product mix of specialty products and commodity products together as one basket would allow KIL to increase its average sales price and average margins.

Profit sharing mechanism with the consumer prices incorporated in the orders will provide additional benefits of KIL profits.

This large order will help KIL to strengthen its sales network globally.

Kiri Industries Limited (KIL), fully integrated manufacturer of Dyes, Intermediates and Chemicals has embedded the culture of enhancing life with the chemistry of colours in KIRI family.

KIL is one of the largest manufacturers and exporters of wide range of Dyes, Intermediates and Chemicals from India. KIL is an accredited and certified Key Contract Supplier to world's top five Dyestuff majors across Asia-Pacific, the EU and Americas.

Kiri Industries Limited


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Courtesy: Business wire

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