The 5-year analysis of Ecoplast Ltd's performance infers:
We analysed the performance of Ecoplast Ltd share prices over the last 10 years. Here is what we found out:
The company was incorporated on May 7,1981 as Ecoplast Pvt. Ltd.. The name of the company was changed to Ecoplast Limited on June 18, 1994, for which a fresh Certificate of Incorporation was issued by the Registrar of Companies, Gujarat on July 11, 1994.
The company commenced its commercial operation in September 1982, with a plant of annual capacity of 540 MT. it was initially registered as an SSI Unit. The company expanded its capacity in 1986 to 1400 MT/year and was registered as a DGTD
The company commenced its commercial operation in September 1982, with a plant of annual capacity of 540 MT. it was initially registered as an SSI Unit. The company expanded its capacity in 1986 to 1400 MT/year and was registered as a DGTD Unit. The two co-extrusion lines were supplied by Paul Kiefel, GmbH, W. Germany, a well known supplier world-wide of film Co-extrusion equipment.
Over the decade, the company has been setting standards on quality and innovating on multilayer film structures to provide the required film properties critical to pack, preserve and display a wide range of products.
Ecoplast Ltd. is in the business of manufacturing and selling polyethylene films for flexible packaging and other specialty applications. The films currently manufactured are known as multilayer films produced by the blown film Co-extrusion process.
Multilayer films, are a combination of two or more thermoplastics co-extruded to form one homogenous film, but with distinct individual layers, which depending on their structure, can provide a range of properties not possible with monolayer films.
The company further expanded its multilayer film production capacity by 2500 MT in 1995.The company commenced exports of films to convertors in the Middle East in the year 2000. Since then exports have grown at the rate of 50% per year, to 1200 MT in the year ended March 31, 2003.
To support the growth in exports and to reduce delivery time, the company further expanded its Multilayer film capacity by 60% in the year ended 31st March 2001. With this expansion the company's Multilayer film capacity grew to 7500 MT per year. The total area of the factory is 7700 sq. meters. Six blown film lines are housed in the two buildings of area 1700 sq. meters. Total manpower of the organisation is 92.
Product range of the company includes:
Surface Protection Films They can manufacture SPF Films upto 1300 mm in Black and White and 1550mm in White Opaque and natural.
They are always willing to develop individual requirements and their sales and technical team are always on hand to give recommendation on the appropriate product that is suitable for your application.
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