Bhushan Steel has a lot of steam left Oct 23, 2009
Bhushan Steels backward integration plan has been critical to its performance. The company has already completed phase I of its expansion plan and phase II is expected to get completed by this year-end. (India Times)
Vinati Organics: On a growth path Sep 7, 2009
Vinati Organics, a Mumbai-based manufacturer of specialty chemicals, is set for strong growth after completing capacity expansion and working on a backward integration project ... Vinati Organics is also setting up a backward integration project to manufacture 12,000 tonnes of isobutylene, which is a raw material for ATBS. ... Vinati Organics, a Mumbai-based manufacturer of specialty chemicals, is set for strong growth after completing capacity expansion and working on a backward integration... (India Times)
Huntsman Acquires Baroda Division of Metrochem Industries Jun 23, 2009
"This vertical backward integration will significantly strengthen our competitiveness and support our development in Asia, and most notably in India, one of our largest markets. The world of specialty textiles has been changing at a rapid pace, with new materials, technologies and innovations in production around the world. Supporting the growth of the Indian textile industry means exploring opportunities beyond the conventional textile chain of fiber to fashion - penetrating the nonwoven and... (PR Newswire)
Vegetable Oils: Likely to see recovery Jun 2, 2009
KS Oils is going ahead with its backward integration project to develop palm plantations in Indonesia and Malaysia. For this, the company recently announced its plan to raise Rs 450 crore, and has received a term-sheet commitment of Rs 390 crore from its promoters and the three private equity investors. (India Times)
BASF Says Cutting Production Is Preferable to Detergent, Shampoo Price War May 30, 2009
That is due to our highly developed backward integration. . (Bloomberg -- Germany)
Sterlite hit by losses in aluminium biz Apr 29, 2009
The company is trying to bring down the cost of production across different plants through backward integration process. Once it starts mining bauxite from its own mines in next one year or two, the aluminium cost of production is expected to come down slightly below $900. (India Times)
IOLCP to hire 400 people this year Apr 9, 2009
The company plans to commence forward integration in its chemical division and backward integration in pharmaceutical division to produce raw materials for its flagship product Ibuprofen (pain killer) as well as increasing the cogeneration of power. The production capacity of Ibuprofen would be increased to 6,000 tonnes per annum (TPA) from the current 1,800 TPA to cater to the new geographical markets abroad along with expansion of other units. (India Times)
