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Kanpur Plastipack signs joint venture agreement with Essegomma S.p.A

19 Nov 2025 Evaluate

Kanpur Plastipack has signed the joint venture agreement with Essegomma S.p.A., Italy, on November 18, 2025, to establish a 50:50 Joint Venture Company (JVC) in India. The JVC will do the sales, marketing, trading, and distribution of high-performance polypropylene yarn. The Joint Venture will enhance the company’s technological capabilities, diversify its product portfolio, and open new opportunities in global technical and luxury textile markets.

This strategic collaboration aims to combine Essegomma’s European expertise in Taslan yarn technology and Brand Reputation with the company’s strong manufacturing base and state of art infrastructure facilities in India, creating a platform to produce and supply premium-quality technical yarns to global markets and high-end textile applications within India.

Kanpur Plastipack is an India-based company engaged in manufacturing of HDPE/PP Fabric, Sacks, flexible intermediate bulk containers (FIBC) Bags and Multi Filament Yarn (MFY).

Kanpur Plastipack Share Price

201.90 1.15 (0.57%)
21-Apr-2026 16:59 View Price Chart
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