Transfer Of Nickel Catalyst Business From HLL To ICI India
20-11-2001 :
ICI will take over the manufacturing facilities relating to Nickel Catalyst operations located as part of Taloja Factory (near Mumbai) alongwith the services of 17 related employees. This transfer will result in a profit of around Rs.125 million to HLL and will be concluded after completion of certain regulatory and other formalities by HLL and ICI India. HLL believes this transfer of Nickel Catalyst operations, which has an annual turnover of around Rs.200 million, to ICI secures the future of this business and the related employees.
India:
Hindustan Unilever Limited
Unilever House,
B. D. Sawant Marg,
Chakala, Andheri (E),
Mumbai - 400 099.
T: +91-22-39830000
F: +91-22-22871970
