Asian Paints gets 166 acres allocated for setting up paint manufacturing facility in MP

Asian Paintshas received the letter allotting the land admeasuring 166 acres (approx.) situated at Pithampur, Madhya Pradesh, for setting up a new water-based paint manufacturing facility with a capacity of 4 lakhs KL per annum at an approximate investment of Rs. 2,000 crores, subject to such other approvals and clearances, as may be required.

The company is in the process of executing the necessary agreements with the MP Industrial Development Corporation Limited in this regard.

DACL Fine Chem commences commercial production of specialty chemicals

DACL Fine Chem Limited has commenced its commercial production of specialty chemicals at Dahej –II Industrial Estate in Bharuch.

Cosmo Global Films starts commercial production

Cosmo Global Films Private Limited, Wholly Owned Subsidiary of Cosmo First Limited has started commercial production with effect from today i.e. March 01, 2024 and has become eligible for the benefit of lower rate of tax under section 115(BAB) of Income Tax Act, 1961.

Cosmo Speciality Polymers commences commercial production

Cosmo Speciality Polymers Private Limited, wholly owned subsidiary of the company has started commercial production with effect from March 1, 2024 and has become eligible for the benefit of lower rate of tax under section 115BAB of Income Tax Act, 1961.

Clean FinoChem commences commercial production of HALS

Clean FinoChem Limited (CFCL), wholly owned subsidiary of Clean Science and Technology Limited has commenced commercial production of Hindered Amine Light Stabilizer Series (HALS) from March 1, 2024 at Plot No. D-2, MIDC Kurkumbh, Pune.

HALS series belongs to the performance chemical segment and will cater to the domestic and international market. The installed capacity of the entire HALS Series is 10,500 Metric tonnes per annum.