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Teekays' medium density fibre board unit to go onstream by 2009

Friday, 23 May 2008
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The Bangalore based Teekays Interior Solutions' medium density fibre board (MDF) manufacturing facility near Bangalore is expected to go on stream by early 2009.

The Rs.206 crore facility, being funded with an equity-debt ratio of 40:60, is coming up on 25 acres of land allotted by the Karnataka government. The facility will have a production capacity of 1,00,000 cubic metre of MDF a year.

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