Carborundum in Rs 250 crore expansion at Volzhsky Abrasive Works
Carborundum Universal (Cumi), the Murugappa group owned industrial abrasives company, is adding to its silicon carbide capacity in Russia, through Volzhsky Abrasive Works (VAW), the company it acquired in September 2007. It will spend $50mn or about Rs 250 crore to build a new plant in the Volgograd region, Russia.