PCBL Commissions Additional Capacity of Carbon Black in Tamil Nadu, India Unit; Shares Down 4%

MT Newswires Live

03/27

PCBL (TN), a wholly-owned subsidiary of PCBL (NSE:PCBL, BOM:506590) has commissioned additional brownfield capacity of 30,000 MT of carbon black at its plant in Tamil Nadu, India, according to a filing to the Indian stock exchanges on Friday.

The Tamil Nadu unit's existing capacity is 207,000 MTPA, with a capacity utilization of 88%.

The company's shares were down over 4% in recent trade.

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