Tuesday, March 19, 2024
News

Gravita India signs Rs 125 cr pact with Sorin Corp for supplying refined lead

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Jaipur (Rajasthan) | January 18, 2021 12:43:02 PM IST
Industrial recycling major Gravita India said on Monday it has signed a Rs 125 crore agreement with Sorin Corporation, a subsidiary of Korea Zinc Co Ltd for supplying 8,000 tonnes of refined lead.

Yogesh Malhotra, Whole-time Director at Gravita India, said the contract to be executed this year will help the company strengthen its market presence in Southeast Asia.

Korea Zinc is a world's leading non-ferrous metal smelting company that has served as a foundation for the growth of base metal industry in South Korea. Established in 1974, it produces 1.2 million tonnes out of various types of non-ferrous metals from zinc to lead, gold, silver, copper as well as rare materials like indium.

Soril Corporation has its presence largely in southeast Asian countries like Vietnam, Japan, South Korea, Philippines and India.

Gravita India is a leader with integrated operations in non-ferrous metals and plastics recycling, manufacturing and turnkey businesses in eight countries of Asia, Africa and South America. The company sells its products in more than 59 countries.

At 12:30 pm, Gravita India stock was trading 3.6 per cent higher on BSE at Rs 80.90 per unit. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
India allows urea import by state-owned ...
SAMCO Securities and The Womb Collaborat...
ADB approves USD 100 mln loan to support...
Indian stock indices in red Tuesday on p...
Supermicro Grows AI Optimized Product Po...
Abhay Bhutada Has Been Elevated to Group...
More...
 
INDIA WORLD ASIA
Karnataka: Cash worth over Rs 3 lakh sei...
UP electoral officer Navdeep Rinwa issue...
Congress Working Committee to meet today...
BJP MLAs submit reply on breach of privi...
Cyber crime victims should dial helpline...
Popular Bollywood actors meet Uttarakhan...
More...    
 
 Top Stories
"Performing my own stunts was daunt... 
SAMCO Securities and The Womb Colla... 
Jeddah historic district launches f... 
TMC's Derek O'Brien calls for 'Supr... 
"This election will make history fo... 
Day 1 of Startup Mahakumbh saw insi... 
Alma launches a special edition of ... 
Delhi excise policy case: BRS' K Ka...