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Plastiblends to increase manufacturing capacity

27 Jun 2015 Evaluate

In a view of market potential and demand, Plastiblends India is planning to substantially increase the manufacturing capacity and has identified land near Palsana, Surat to setup new manufacturing unit. The expansion will be funded mainly through internal accruals. The company has already acquired part of the land and has started construction of manufacturing facility which will be commissioned in phased manner.

Plastiblends India is India’s largest manufacturer and exporter of Colour & Additive Master Batches and Thermoplastic Compounds for the Plastic Processing Industry.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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