Ishan Dyes & Chemicals Limited (IDCL) has received local and exports orders aggregating to 680 MT having approx. value of Rs 40 crores. The development states that ICDL will run its plants at 100 per cent capacity utilization till March 2021.

The company has witnessed a strong demand for its products post lock down and expects the momentum to continue in 2021. The products of the company are mainly used for Inks, Paints, Plastics, Textiles, Rubbers and Coatings industry which are at present outperforming globally due to increase in demand and consumption of essential products like soap, detergent, foods, medical packaging, digital media etc. There is also strong demand from global market due to increased consumption by USA and European market. Moreover, stimulus financial package by USA has increased liquidity accelerating growth and consumption.

In view of the prevailing situation, IDCL is expecting strong growth in the turnover both in terms of value and volume. Also due to strong demand the Company is able to improve its sales realization and margins which barring unforeseen circumstances the Company is anticipating to maintain and further improve.