In view of robust demand of dyestuff in the international market both joint venture partners - Kiri Dyes and Chemicals (KDCL) and Well Prospering (WPL) group company of world largest dyes manufacturing Company, Zhejiang Longsheng group company is inaugurating new manufacturing facility of joint venture company Lonsen Kiri Chemical Industries on Sunday 19 July 2009.
Kit Dyes and Chemicals has invested 40% in the project and Well Prospering has invested 60% in the project. Considering Kiri Group as whole topline of the group will be more than 1000 crores and bottom line will be more than 100 to 150 crores.
The company made this announcement during the trading hours today, 17 July 2009.
