The 5-year analysis of Kunststoffe Industries Ltd's performance infers:
We analysed the performance of Kunststoffe Industries Ltd share prices over the last 10 years. Here is what we found out:
Kunststoffe Industries was incorporated on November 6, 1985, under the name and style of Western Leasing. In the year 1987, the name of the company was changed to Kunststoffe Industries.
â€¢ 1985 - The company was incorporated on November 6, under the name and style of Western Leasing Limited.
â€¢ 1987 - The company carried on its leasing activities till the middle of the year, subsequent to which it changed its line of business and
â€¢ 1987 - The company carried on its leasing activities till the middle of the year, subsequent to which it changed its line of business and concentrated in setting up facilities for its new project, which was for the manufacture of HDPE pipes and HDPE/PP tanks and vessels. The name of the company was changed to Kunststoffe Industries and it received its Certificate of Change of Name on 20th August. The company, for the successful completion of its project, entered into a collaboration agreement with Troisdorfer Bau and Kunststoffe Gmbh (BAUKU) of West Germany for the production of pipes with the spirally wound profile wall pipe technology.
â€¢ 1992 - The company has entered into a technical collaboration with BAUKU of Germany and towards technology absorption of Germany has deputed its engineers for training at the collaborator's plant.
â€¢ 2000 - The name of the R&T agent of the company has been changed from Hamco Share Reg. Pvt. Ltd. to Sharex (India).
Business areas of the company:
Kunststoffe Industries engages in the manufacture and marketing of spirally bound HDPE/PP pipes, vessels, and tanks in India. It provides tubes, pipes, hoses, and fittings. The company also offers reservoirs, tanks, vats, and other similar containers. Its products are primarily used in water sewerage and effluent disposal schemes, and ocean out-fuels. The company is based in Mumbai, India.