Corporate News     25-Jul-08
Vinati Organics to increase spot price of IBB
With effect from 01 August 2008
The board of Vinati Organics has observed that in the last four months the manufacturing cost of IBB has gone up by more than 25%, on account of increased price of toluene, propylene, potassium carbonate and energy and the board has recommended to increase the spot price of IBB by Rs 25 per kg with effect from 01 August 2008.

This was recommended at the board meeting held on 25 July 2008.

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