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Essel Propack inaugurates first Greenfield unit in Assam

11 Feb 2019 Evaluate

Essel Propack has inaugurated its first Greenfield unit in Kamrup in the state of Assam. The unit will deliver high-quality laminated tubes with a manufacturing capacity of 275 million tubes annually. The size of investment in phase-I is Rs 82 crore and will provide employment to about 150 people.

After complete ramp up, the total investment in the unit will be of Rs 192 crore for a capacity of 750 million tubes. This is the first unit of the company in North-East of India.

Essel Propack is a flagship company of the Essel group is a producer of plastic packaging material in the form of multilayer collapsible tubes and laminates used primarily for packaging of toothpaste, personal care, cosmetics, pharmaceuticals, household and industrial products.

Peers
Company Name CMP
Uflex 662.20
EPL 235.30
AGI Greenpac 820.50
Huhtamaki India 244.50
TCPL Packaging 4073.75
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