The ongoing war in the Middle East is now affecting Indian chemical companies as well. Balaji Amines Ltd, a manufacturer of specialty chemicals, has informed after the stock market closed on Thursday that due to the interruption in the supply of raw material ammonia, some of the company’s plants are currently closed. According to the company, the ongoing war in West Asia has had a major impact on global shipping lines, logistics networks and supply chains, which has affected the availability of raw materials.
Balaji Amines Share: Effect of Middle East War – Plants had to be closed due to stoppage of ammonia supply – Market
