Chemical
Aksharchem resumes production at H Acid plant in Mehsana
With prevailing market conditions improving, the company has started revival of the H-Acid production
- By ICN Bureau
| February 17, 2023
Aksharchem (India) Limited has informed the company has resumed the production of H Acid Plant at village Indrad, district Mehsana.
On 24th May, 2022, the company had informed that the H-Acid plant of the Company witnessed adverse economic conditions in the recent months. Therefore, it has been decided to stop the production of H-Acid plants for an indefinite period with immediate effect. ·
The above decision has been taken after consideration of optimizing working capital usage of the company as well as the commercial viability of the product especially in the recent situation in which textile companies are facing record high cotton price which has lowered the demand for dyes.
With prevailing market conditions improving, the company has started revival of the H-Acid production.
