Ester Industries has entered into a long term agreement with Shaw Industries Group Inc, USA, a wholly owned subsidiary of Berkshire Hatha way, Inc to supply circa 2,500 tonnes per year of its stain resistant Master batch MB-03. The total size of this single order is estimated to be around Rs 90 crore per year which is more than double the Company’s FY2017 Speciality Polymer revenues which amounted to Rs 43 crore. The agreement is open ended with the first purchase order received and shipment slated to commence in February 2018.
The company’s main business activities are production and marketing of versatile ranges of polyester films and engineering plastics.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.60 |
| Astral | 1590.45 |
| Finolex Inds | 173.00 |
| Nilkamal | 1310.00 |
| Jain Irrigation Sys | 33.10 |
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