Mold-Tek Packaging receives LoI for setting up two new plants for Asian Paints

07 Jul 2016

Mold-Tek Packaging has received Letter of Intent (LoI) for setting up 2 new plants to supply pails to the upcoming new plants of Asian Paints. The capacity of the company’s plants will start at 3,500 tons of polymer processing per annum in 2019 and would reach 14,000 tons per annum in 2024, subject to pricing, service & quality.

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.

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