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Mold-Tek Packaging to invest Rs 25 crore for expansion

28 Jun 2017 Evaluate

Mold-Tek Packaging has decided to invest Rs 25 crore in expanding in Hyderabad Plants to triple its capacity of producing the Food & FMCG IML thin wall containers. First phase of Project will go into production in Nov- 2017 and completed by June 2018. This investment will be over and above the Investment of two dedicated plants being setup for Asian Plants.

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 655.50
EPL 239.45
AGI Greenpac 819.50
Huhtamaki India 243.35
TCPL Packaging 3901.50
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