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Mold-Tek Packaging inaugurates new plant at Satara district

15 Feb 2013 Evaluate

Mold-Tek Packaging has inaugurated new plant at Satara district on February 14, 2013 and started the commercial production on the same day. The plant is exclusively dedicated to cater to the packaging needs of the leading paint company - Asian Paints.

Total project cost of the plant is Rs 12.5 crore and initial capacity is 2500 MTPA, which can reach up to 4500 MTPA, within 2 years. The plant is expected to add additional revenues to the extent of Rs 3 crore for the year 2012-2013, Rs 30 crore in 2013-2014 and Rs 60 crore by 2015-2016.

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 634.45
EPL 230.00
AGI Greenpac 768.75
Huhtamaki India 228.95
TCPL Packaging 4409.00
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