International:
The Company has began production at its RAK plant, a USD 90 million plant in Emirates, a joint venture with RAKIA (Ras Al Khaimah Investment Authority) for setting up a world scale Polyester PET resin packaging in the Emirate of Ras Al Khaimah The plant, a world class manufacturing facility with a capacity of 900t/day polymerization with a production of 600t/day of SSP chips, and 300t/day Polyester Film will address the three large markets of USA, EU and CHINA.
This is the first plant of this size set up by an Indian company in the Emirates. The new facility started its first production in July 2007.