Mitsu Chem Plast Adds 600 MT Capacity by Aug 2026

Mitsu Chem Plast Ltd announced plans for a capacity addition of 600 MT/Year to its existing operational capacity. The expansion is expected to be completed by August 2026, with an investment of approximately INR 107.00 Lakhs primarily for machinery purchase. The financing will be a mix of bank finance and internal accruals. This move is aimed at sustaining growth, diversifying products, meeting market demand, and enhancing customer satisfaction. The company's current capacity is over 36,000 MT/Year with a utilization rate of 64% for the year ended March 31, 2026.