SOURCE: Industrial Info Resources

Industrial Info Resources

August 23, 2010 05:20 ET

India's Nalco Seeks Partner for Cathode-Manufacturing Plant, an Industrial Info News Alert

KOLKATA, INDIA--(Marketwire - August 23, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- India's National Aluminium Company Limited (BSE:532234) (Nalco) (Bhubaneswar, Orissa) is seeking a joint venture partner to construct a 5,000-ton-per-year graphitized cathode carbon block plant. Nalco is willing to pick up a 26% to 40% equity stake in this joint venture. A pre-condition for selection of a partner is that the latter should have experience of running a graphitized carbon cathode plant with a capacity of at least 4,000 tons per year for three years.

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