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TN firm to enter Russia

Views 2 Views    Comments 0 Comments    Share Share    Posted 28-11-2008  
Carborundum Uni versal Ltd (CUMI), part of $2.4 billion Murugappa group, is setting up a 100,000 tonne silicon carbide fusion plant in Volvograd region in Russia with an investment of a sum of Rs 250 crore.

CUMI chairman, Mr M.M. Murugappa on Friday signed an MoU with Vovograd region’s first deputy governor, Mr Y.I. Sizov in this effect.

CUMI, a leading player in industrial abrasive operates 18 plants in India and six overseas.

Source:
http://www.dc-epaper.com/DC/DCH/2008/11/29/index.shtml
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