04 February 2012

Sri Lanka Chemanex Opens Chemical Plant. Rs 350mn carboxy Methyl Starch Extrusion Plant at Mirigama Export Processing Zone

03rd February 2012, www.lankabusinessonline.com

Sri Lanka's Chemanex said its Chemcel subsidiary has had a soft opening of its carboxy methyl starch extrusion plant on January 28, 2012.

The plant, built at a cost of 350 million rupees, is located in the Mirigama export processing zone, north of the capital Colombo, it said in a stock exchange filing.

The construction of the second phase of the plant will start soon at an estimated cost of 750 million rupees funded mainly by its overseas partners, it said.

Carboxy methyl starch is used in several fields including oil well drilling, textile printing, ceramics and corrugated paper.

Related Info :

Chemanex US Chemical Company Tie up to Bring Investment for a New Plant

2 comments:

Liam Manning said...

My friend was just telling me about carboxy methyl starch that he works with. I hadn't even heard of it before he told me about it. It sounds really interesting. I sure hope it does well!

Bill Shields said...

What are the uses for carboxy methyl starch? I've heard a few things, but I'm still not entirely sure for what it does.

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