
Expansion4 Jun 2026, 03:34 pm
Mitsu Chem Plast Adds 2550 MT Capacity by June 2026
AI Summary
Mitsu Chem Plast Ltd announced a capacity addition of approximately 2550 MT/Year at its Unit 3, with the expansion expected to be completed by June 2026. This addition will increase the company's total operational capacity beyond its current 29,900+ MT/Year. The investment required for this expansion is approximately INR 350.00 lakhs, primarily for the purchase of machinery, and will be financed through internal accruals. The rationale behind this expansion is to sustain growth, diversify products, meet market demand, and enhance customer satisfaction.
Key Highlights
- Capacity expansion of 2550 MT/Year planned by June 2026.
- Investment of INR 350 lakhs for machinery purchase.
- Expansion to be funded through internal accruals.
- Rationale includes growth, diversification, and meeting demand.
Price Impact
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