New Launch14 May 2025, 06:41 pm
Pyramid Technoplast Ltd Commences Commercial Production at New Packaging Unit in Wada, Palghar
AI Summary
Pyramid Technoplast Ltd has announced the commencement of commercial production at its new packaging facility in Wada, Palghar district, Maharashtra. The unit, spread over a large land parcel of ~10 acres, will operate in three phases over the next 3-4 years. The first phase will commence with an approximate capacity of 7,20,000 HDPE Drums, 1,50,000 IBCs, and 3,36,000 Metal Drums. The company aims for 30% capacity utilization in FY 2025-26. This expansion is a significant step towards improving client satisfaction and maintaining a leadership position in the market.
Key Highlights
- Pyramid Technoplast Ltd commences commercial production at its new packaging unit in Wada, Palghar.
- The new unit is spread over a large land parcel of ~10 acres and will operate in three phases over the next 3-4 years.
- The first phase will commence with an approximate capacity of 7,20,000 HDPE Drums, 1,50,000 IBCs, and 3,36,000 Metal Drums.
- The company aims for 30% capacity utilization in FY 2025-26.
- This expansion is a significant step towards improving client satisfaction and maintaining a leadership position in the market.