Aditya Birla buys Kanoria unit for Rs 830 cr

摘要

THE all-cash deal will increase Aditya Birla Chemicals' market share in chlor alkali from 18 per cent to 22 per cent. Kolkata-based Kanoria Chemicals, a leader in chemical intermediates, has sold its chlor alkali business to Aditya Birla Group for Rs 830 crore in an all-cash deal. With this, Aditya Birla Chemicals' caustic soda capacity doubles to 220,000 tonnes a year.