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Construction : Deals | September 2014 | Source : Construction Update

Aditya Birla Chemicals to buy Chlor Alkali Unit of Jayshree Chemicals

Aditya Birla Chemicals has acquiring Chlor-Alkali division (CAD) of Jayshree Chemicals for a cash consideration of Rs 2,120 million. The transaction is subject to statutory and regulatory approvals. Aditya Birla Chemicals, established in the year 1984, It manufactures various chlorine derivatives as value-added products. The division has a membrane cell facility in Odisha with a capacity of 57K tonne and also about 1600 acres of salt works in Andhra Pradesh. The buy takes the total caustic soda capacity of ABCIL to 355K tones per annum.
 
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