Everest Kanto annouces USD 125 million expansion plans

Mumbai, Sep 11 (UNI) Everest Kanto Cylinders (EKCL), among the top ten players in the global cylinders industry, has allocated USD 125 million for its five year expansion plans.

The proposed plan includes increasing manufacturing capacity, new products and alternative technologies, a company release said.

It will also focus on the expanding markets of Dubai and China, including plans to add a capacity of 1.5 million cylinders in China over the next five years, the release added.

UNI