Breaking News

You are here » Indian-Commodity  :  Top News  :  Vikas Granaries to abandon guar gum polymers export business


Vikas Granaries to abandon guar gum polymers export business

Vikas Granaries' management has decided that in future guar gum polymers export business of the company will be abandoned completely and this business will be done by Group's listed company Vikas WSP alone, thereby consolidating the business under one roof.

The company in future will undertake the manufacturing business of Proppants (Frac sand) for use in oil and gas wells fracturing and drilling globally including India. ONGC and other companies are buying a lot of Proppants by inviting tenders.

Further, the company has planned to manufacture Proppants out of wastes/scraps of the granite projected to be mined from the mines nearby Jodhpur. Proppants and granite tiles/slabs would be a focused business of the company in times ahead.

Vikas Granaries is an India-based company, which is engaged in manufacturing and grading of guar gum powder and grading of guar splits and its derivatives.

Related News

View all news

Barley futures trade higher on good demand

Barley futures traded higher on NCDEX, as the participants increased their buying due to good demand from beer making industries amid low stocks position due to fall in supplies.The contract for November......

Nickel futures edge higher on improved demand

Nickel futures edged higher on MCX as participants built up fresh positions, tracking improved demand at the spot market. Further, a firming global trend also fuelled the uptrend.The contract for October......

Cardamom futures trade higher on firm demand

Cardamom futures traded higher on MCX, as market players accumulated their bets on low production prospects followed by firm demand from spot domestic markets. Moreover, tight inventory levels after heavy......

Top News

View all news

Ashiana Housing wins two awards

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated 'Ashiana Umang' as 'Best Themed Project' and the company's website as the 'Best Real Estate Website of the year'.Ashiana Umang......

Tata Power inaugurates second 'All-women' CRC in Mumbai

Tata Power has inaugurated its second 'All Women' Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new......

McLeod Russel hands over specified assets of eight Tea Estates to M K Shah Exports

McLeod Russel India has handed over the specified assets of the eight Tea Estates of the company to M K Shah Exports.Post completion of due diligence by M K Shah Exports (Buyer) and on compliance of the......