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The plant will have a production capacity of 72,000 tons / year. The company expects to commence operations in the third quarter of 2015.
“APL is in the process of finalizing a technology provider for the plant”, an APL official informed fibre2fashion.
Moreover, the company official revealed that the plant may be a combined production facility for Methanol and Acetic acid with an estimated investment of Rs. 11 billion.
“The decision to add a methanol facility which will have a production capacity of 500 tons / day, will be taken after finalizing the technology provider”, he said.
Fibre2fashion News Desk - India