CPIL to invest Rs 1,630 cr

Century Plyboards India Ltd (CPIL) has planned Rs 1,630 crore investments for setting up cement, plywood, particle board as well as fibre board facilities.The company’s 70 percent owned, unlisted subsidiary, Cement anufacturing Co Ltd (CMCL) was setting a new 1.75 mn tonne fresh clinker capacity in Meghalaya through Meghalaya Cement Ltd, its subsidiary star.It is also setting up a clinker grinding unit of 1.6 mt at Guwahati in Assam and has planned a new 1.6 mn tonne grinding facility in Bihar. All these would take the cement capacity of CMCL to 4.4 mt from current 1.2 mt a year at an investment of Rs 1,100 crore. Contact: Century Plyboards India Ltd.Tel: 033-3940 3950. Fax: 033-2248 3539.E-mail: kolkata@centuryply.com Website: www.centuryply.com