Fiberweb (India) revises capex plan for nonwoven fabric facility

Fiberweb (India) revised its capex plan to set up a 7,000 MT polypropylene flatbound nonwoven fabric (PFNF) facility instead of the originally planned 10,000 MT PSNF unit, with a capex of Rs 110-125 crore.

“under the revised plan now, the company will set up a 7000 MT facility by incurring capex of Rs 110-125 crore to manufacture polypropylene flatbound nonwoven fabric (PFNF).”moneycontrol.com

• 1 source
• moneycontrol.comFiberweb (India): Is change in capex plans for the better?- Moneycontrol.comKrishna KarwaNov 13, 2017

Summarized from public sources; check the original articles before acting on it.