Business Update27 Jan 2026, 01:54 pm
Mitsu Chem Plast Ltd. to Expand Manufacturing Operations by Additional 900 MT/Year
AI Summary
Mitsu Chem Plast Ltd. has announced its plan to expand its manufacturing operations by setting up a new unit (Unit 4) at its premises in M.I.D.C, Tarapur Industrial Area, Taluka — Boisar, District —- Palghar. The new unit will have a proposed capacity addition of approximately 900 MT/Year, which is in addition to the existing capacity of 29,000+ MT/Year. The company plans to finance this expansion internally and aims to commence operations by January 2026. This expansion is part of the company's long-term growth strategy and its commitment to address evolving market demand and consistently exceed customer expectations.
Key Highlights
- Mitsu Chem Plast Ltd. to expand manufacturing operations by additional 900 MT/Year
- Expansion to be financed internally
- New unit (Unit 4) to be set up at M.I.D.C, Tarapur Industrial Area
- Proposed capacity addition to commence by January 2026
- Expansion is part of the company's long-term growth strategy