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Dhunseri Petrochem and Tea Limited - Updates
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15 Sep 2014
With reference to the earlier announcement dated August 14, 2014 that Plant I of the Company at Haldia was shutdown after considering International demand and supply situation and margin pressure. It was further informed vide the same letter that the said Plant was 100% catering to the export market.&lt;br/&gt;&lt;br/&gt;&lt;br/&gt;There have been enquiries from the investors in regard to the domestic PET market. In this connection, Dhunseri Petrochem and Tea Ltd has informed BSE that there have been sudden increase in imports of PET into India which has resulted in reduced PET demand from the Domestic customers and consequent reduction in supplies of the Company in the domestic market.&lt;br/&gt;&lt;br/&gt;This has also contributed to the decision in the shutdown of Plant 1 of the Company at Haldia. The company has initiated steps to address the problems of increased imports of the product in the country at low prices.
View all announcements for Dhunseri Petrochem and Tea Limited Source: BSE India