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This Article is From Apr 03, 2018

Balaji Amines Eyes Rs 1,200-Crore Revenue This Financial Year 

The anti-dumping duty on Dimethylacetamide imports from China will also boost its topline. 

Balaji Amines Eyes Rs 1,200-Crore  Revenue This Financial Year 
An amine gas storage tank stands at the processing facility in the Cepu block of Bojonegoro, East Java, Indonesia. (Photographer: Dimas Ardian/Bloomberg)

Methyl and ethyl amines maker Balaji Amines Ltd. expects to register Rs 1,200 crore revenue this financial year, its Joint Managing Director D Ram Reddy said.

The company expects its topline to be boosted by Rs 60 crore once the anti-dumping duty on the import of Dimethylacetamide-- used as a solvent for making acrylic fibre and polyster films--from China is imposed, Reddy told BloombergQuint in an interview.

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