/ Fiberweb Completes First Phase Of Expansion For Melt Blown Line ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 24 July 2017


Fiberweb (India) Limited announced the successfully completion of implementation of the first phase of expansion programme of Melt Blown Line, the company said in a filing on Monday.

The company expects to start the production of Melt Blown Fabrics in August 2017. With this, the company plans to meet the increasing demand for Melt Blown Non-Woven Fabrics. The company will be able to supply the fabrics right from the beginning of the season this year and will able to maintain the tempo of shipments.

The company is also engaged in the research and development of its product portfolio to remain competitive in the international markets.

The stock was trading at Rs 314.85, down by 0.63 % on BSE at 1314 hours. It opened at Rs 315 per share on Monday.

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