Mitsu Chem Plast announced a strategic capacity addition of 655 metric tonnes per year, requiring an investment of ₹8.5 million. This expansion aims to diversify product offerings and meet growing demand in packaging and industrial applications, fortifying its market position amid increasing industry competition.
Mitsu Chem Plast Ltd, a prominent manufacturer of plastic packaging and industrial molded products, has unveiled plans to augment its production capacity by 655 metric tonnes annually. The proposed investment of ₹8.5 million is directed towards acquiring new machinery and enhancing production capabilities.
This capacity increase forms part of Mitsu Chem Plast’s ongoing strategy to diversify its product portfolio, which includes blow molding, injection molding, and customized plastic solutions that cater to sectors such as lubricants, paints, FMCG, and healthcare. The expansion targets rising demand driven by enhanced industrial activities and evolving packaging needs.
The company expects this augmentation to improve operational efficiency, reduce lead times, and strengthen its competitive advantage in domestic and international markets. Alongside capacity enhancement, Mitsu Chem Plast continues leveraging innovation in product design and manufacturing to sustain growth momentum.
This development aligns with Mitsu’s long-term vision to broaden its industrial footprint while delivering value to its customers and shareholders. Investor confidence remains buoyed by the company’s proactive approach to market trends and capacity building.
Key Highlights:
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Capacity addition: 655 metric tonnes per year
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Investment: ₹8.5 million for machinery and infrastructure
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Focus on diversified plastic packaging and industrial products
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Targets sectors including lubricants, paints, FMCG, and healthcare
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Enhances production efficiency and market competitiveness
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Supports long-term growth and product portfolio expansion
Sources: Mitsu Chem Plast Ltd regulatory filings, Industry reports, Corporate announcements