Capitaline

Corporate News 06-Aug-14

Camlin Fine Sciences announces scale up of manufacturing capacity of its Italian subsidiary

Ensures steady supply of raw materials for Camlin Fine Sciences

Camlin Fine Sciences announced that the Company's 100% subsidiary namely CFS Europe S.p.A in Italy has successfully enhanced its manufacturing capacity to 1000 metric tons per month as against 600 metric tons per month from May-2014 and the facility is now operating at its enhanced level of production after successfully running at its full capacity in the month of June-2014 and July-2014.

With this scale up CFS Europe S.p.A, Italy has achieved a growth of 21% in the turnover for the quarter ended 30 June 30 2014 over the corresponding period of previous year, which in turn has enhanced its PBT and EBIDTA during the quarter.

This successful enhancement of capacity will ensure a steady and assured supply of raw materials to the Holding Company, Camlin Fine Sciences.

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