Time Technoplast bags order of Rs 115 crore from Buyer in Europe

19 Feb 2019 Evaluate

Time Technoplast has received a prestigious order from Buyer in Europe for export of 500,000 Composite Cylinders with a total value of over Rs 115 crore. This order is planned to be executed by end of Calendar Year 2019. The company has wide range of Composite Cylinders in its product portfolio (2kg 722kg capacity) duly certified and approved under ISO and European standards. The company is already exporting these Composite Cylinders to over 28 countries across the world. Composite Cylinder form part of company’s value add business.

The Buyer has advised that the business potential is much larger and they would consider placing order for additional quantities as the deliveries against the present order gets underway. Discussions are also on for immediate purchase of Composite Cylinders of other denominations for different applications.

Time Technoplast is a leading technology based innovative polymer Product Company.

Time Technoplast Share Price

250.10 -4.70 (-1.84%)
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