Grasim Inds gains as board OKs Lyocell capacity expansion
Mumbai, June 9 -- The company will expand Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka. This expansion will consist of 2 lines of 55K TPA (150 Tons per day) each. The first line is expected to be commissioned by 2028, and the second line is expected to be commissioned by 2030.
This additional capacity will complement the Phase I Lyocell plant of 55K TPA currently under construction at Harihar, which is expected to be commissioned by mid-2027. Upon completion, Grasim's total Lyocell capacity, will reach nearly 210K TPA, making it one of the largest Lyocell producers globally.
Post expansion, total Cellulosic Staple Fibre (CSF) capacity would surpass 1 million tonnes annually by 2030.
Kumar Mangalam Birla, Chairman, Aditya...
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