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Greenply Industries gets nod for expansion of Veneer line

20 Mar 2018 Evaluate

Greenply Industries has received an approval for expansion of Veneer line in the existing manufacturing unit of Greenply Gabon SA, Gabon, step-down wholly owned subsidiary of the company, situated at NKOK SEZ, Gabon, West Africa. The Board of directors of the company at its meeting held on March 20, 2018 approved the same.

The company’s board has also consented to explore an option to De-merge its MDF Division into Greenpanel Industries, a wholly owned subsidiary of Greenply Industries.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF.

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