Pharma Industry
Industry: Email Alert RSS FeedMitsui Eyes Indian Stake.
Chemical Market Reporter, October, 1999
MITSUI & CO. may acquire an equity stake in Tamilnada Development Corp.'s proposed naphtha cracker in Tamil Nadu, India. Mitsui has begun to reevaluate an earlier feasibility study to take into account present market conditions as well as additional duties that will be levied on products sold in different Indian states.
It is also reevaluating feedstock costs and considering whether to obtain feedstocks from Ennore or a planned refiner at Cuddalore.
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