Dhunseri to commission Egypt plant next year

Dhunseri Petrochem & Tea Ltd. (DPTL) is hoping to triple its turnover to Rs.60 billion in fiscal 2013-14 with the commissioning of its Egyptian plastic project in March 2013. The Egypt project will have two plants with each plant having a production capacity of 215,000 tonnes per annum. According to the schedule, the first plant will be commissioned in March and the second in June. The plants being built at an estimated cost of $160 million are expected to cater to the growing PET resin demand from the Middle East, Africa, Europe and the US. The company, which has 430,000 tonnes per annum PET resin production capacity at its Haldia facility in West Bengal, deived 68% of its PET resin sales revenue from within India and remaining 32% from foreign market. www.dhunseritea.comNIKE AIR JORDAN