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Tinna Rubber and Infrastructure inks pact to acquire land to establish manufacturing unit at Palghar

05 Jul 2023 Evaluate

Tinna Rubber and Infrastructure has entered into an Agreement for Purchase of Land to establish a new manufacturing unit at Village Varle, Taluka Wada, District Palghar, Maharashtra. This state-of-the-art Greenfield plant, will have the capacity to process 60,000 tons of Old Used Tyres, Annually. This new plant is situated at about 5 km from existing Wada Plant.

This expansion is being done in addition to the current capacity of 90,000 tons of old used tyre recycling which is spread across India & it is being operated from four location. The establishment of this new manufacturing unit aligns with the vision of the Government and society towards circularity in the economy and industry, emphasizing the use of sustainable raw materials.

Tinna Rubber and Infrastructure is a market leader in the field of bituminous products. The company has captured substantial share due to the high quality, reliability and customer satisfaction. The company also has interest in winery, agri business and ware housing.

Peers
Company Name CMP
Apcotex Industries 608.70
Pix Transmission 1759.45
Rubfila Internatl. 66.53
Tinna Rubber & Infra 1007.35
GRP 1990.00
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