The Andhra Petrochemicals Limited achieves a capacity utilization of 113%

  • 3-Jun-2019
  • Journalist: Jaideep

The company witnessed a revenue growth of 28.5% and a capacity utilization 113%. The revenue growth and capacity utilization can be attributed to the improvement in product prices and a strong demand in the country. Several factors like availability of feedstock, good market prices and moderation in imports has also contributed to the robust growth in capacity utilization which was 104% in the previous year. This trend in capacity utilization is anticipated to continue in 2020 as well.

Andhra Petrochemicals is the sole manufacturer of oxo-alcohols in India with a capacity of 73,000 tons per year.

Related News

Walmart Pledges Reduction in its Virgin Plastic Usage By 2025, Details and Scope to be Released Soon
  • 13-May-2021
  • Journalist: Jaideep Kumar
Acrylonitrile Market Still Tight on Demand Outpacing Supply, All Eyes on the Peak Demand Season
  • 12-May-2021
  • Journalist: Jaideep Kumar
Colonial Pipeline Attacked by Ransomware, Expected to Recover by the End of this Week
  • 11-May-2021
  • Journalist: Jaideep Kumar
US Caustic Soda Exports Fell in Q1 2021, Prices Show Some Recovery Ahead of Recovering Demand
  • 10-May-2021
  • Journalist: Jaideep Kumar