India's Nalco Seeks Partner for Cathode-Manufacturing Plant
India's Nalco Seeks Partner for Cathode-Manufacturing Plant
KOLKATA, INDIA--August 23,2010--Researched by Industrial Info Resources (Sugar Land, Texas)--India's National Aluminium Company Limited (BSE:532234) (Nalco) (Bhubaneswar, Orissa) is seeking a joint venture partner to construct a 5,000-ton-per-year graphitized cathode carbon block plant. Nalco is willing to pick up a 26% to 40% equity stake in this joint venture. A pre-condition for selection of a partner is that the latter should have experience of running a graphitized carbon cathode plant with a capacity of at least 4,000 tons per year for three years.
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