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Mold-Tek Packaging bags orders from Castrol India

09 Mar 2012 Evaluate

Mold-Tek Packaging has received orders from Castrol India for pails of 71/2,10,15 and 20 litres sizes with Robotic In Mold decoration (IML). These IML pail order would be around Rs 15 crore per annum. Castrol introduction is expected to force the lubricants industry to shift to IML decorated pails in which Mold-Tek Packaging is sole supplier in India as on March 09, 2012.

Recently, the company had grabbed a huge order from Hindustan Unilever for supply of 5 million containers in 3 months time with IML decoration.

Mold-Tek Packaging is the leader in manufacturing of plastic packaging products including pails. It specializes in both standard and made-to-order packaging solutions for leading brands of paints, lubricants, pharmaceuticals, cosmetics, FMCGs, etc.

Peers
Company Name CMP
Uflex 634.45
EPL 230.00
AGI Greenpac 768.75
Huhtamaki India 228.95
TCPL Packaging 4409.00
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