
Deals7 Nov 2026, 02:30 pm
Time Technoplast Subsidiary Wins ₹35 Cr KSA Contract
AI Summary
Time Technoplast's wholly-owned subsidiary in Saudi Arabia has secured an exclusive annual contract worth approximately ₹35 Crores (USD 3.68 Million) from Methanol Chemicals Company (CHEMANOL). The contract involves the supply of industrial packaging products, including drums, jerry cans, and IBCs. This award strengthens the company's industrial packaging business in the Middle East, enhances revenue visibility for its operations in the region, and reinforces its position as a key supplier to major chemical manufacturers. The deal underscores Time Technoplast's focus on international business expansion and sustainable growth.
Key Highlights
- Subsidiary in KSA awarded exclusive annual contract by CHEMANOL.
- Contract value is ₹35 Crores (approx. USD 3.68 Million).
- Supplies industrial packaging products: drums, jerry cans, IBCs.
- Enhances revenue visibility and strengthens Middle East operations.
- Reinforces position as a trusted supplier to chemical manufacturers.
Price Impact
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