Industrial Minerals


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GHCL soda ash growth

05 February 2009

by Kwok Wan

India producer bullish as production costs decrease and demand grows

Keywords: Gujarat Heavy Chemicals Ltd, GHCL, soda ash, India, Dalmia, Pramd Jain

Indian soda ash producer, Gujarat Heavy Chemicals Ltd (GHCL), has targeted 25-30% growth for Q1 2009, aiming to raise profit margins from falling raw material and power costs.

 

Despite a decrease in profit in Q3 2008 compared to Q3 2007, mainly due...