Corporate News 25-Jul-23
Globus Spirits faces disruption in raw material availability at WB and Jharkhand units
Globus Spirits announced that FCI has suspended supplies of Surplus Rice for the purpose of production of ethanol. The company said, 'We expect this supply disruption to be temporary one. During the period, the company is shifting its feedstock from Surplus Rice to alternative raw materials such has broken rice and maize. These raw materials can be used for production of ENA and Ethanol. During this change over process we expect 7-10 days of disruptions at part of WB capacity and our Jharkhand facility. In this period the alternative raw material supplies are expected to be begin. Our Haryana, Rajasthan and Bihar facilities remain operational as normal.'
Previous News
Globus Spirits standalone net profit rises 4.05% in the June 2023 quarter
( Results - Announcements 14-Aug-23 14:36 )
Globus Spirits to table results
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Globus Spirits faces disruption in raw material availability at WB and Jharkhand units
( Corporate News - 25-Jul-23 09:44 )
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