SPIC to resume operations from May 1

April 25, 2010 04:28 pm | Updated 04:28 pm IST - Tuticorin

A file picture of Mr. A.C. Muthiah. Photo: Kamal Narang.

A file picture of Mr. A.C. Muthiah. Photo: Kamal Narang.

Southern Petrochemical Industries Corporation (SPIC) here will resume operations from May 1 after a gap of three years.

This was indicated by Dr A C Muthiah, Chairman of SPIC to reporters here.

SPIC has remained closed since March 2007 as Indian Oil Corporation had stopped naphtha supply and also because the unit did not have working capital.

Union minister of chemicals and fertilisers, M K Alagiri will formally launch SPIC’s operations on that day, sources said.

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