Visa Steel and Bao Steel sign agreement for a ferro chrome plant
Ferro-chrome, Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Kalinganagar corridors August 17th. 2007, 4:28pmThe plan for this was mentioned earlier. Following are excerpts from an Economic Times report.
Visa Steel on Friday inked a joint venture agreement with China’s Baosteel Trading and VISA Comtrade of Switzerland for setting up a 1 lakh tonne-per-annum ferro chrome plant in Orissa at a capital outlay of Rs 260 crore.
The JV company, VISA BAO, will be a subsidiary of VISA Steel which will hold a 51% stake. Baosteel Trading and VISA Comtrade will hold 35% and 14% stakes, respectively. …
September 3rd, 2008 at 10:04 am
We are interested in purcahsing your Chrome refinery plant.