Business Daily from THE HINDU group of publications
Monday, May 19, 2008 ePaper | Mobile/PDA Version
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Business Daily from THE HINDU group of publications Monday, May 19, 2008 ePaper | Mobile/PDA Version |
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Update at 1900 hrs (IST)
Corporate Time Technoplast plans packaging material unit at Kolkata MUMBAI: Time Technoplast, engaged in manufacturing and sale of technology-based polymer products, proposes to set up a new plant in Kolkata for packaging material for plastic drums and automotive components. "We are setting up a new unit for manufacturing of packaging materials and automotive components with five lakh tonnes capacity per annum in Kolkata," Mr Raghupathy Thyagarajan, Director, Time Technoplast said here today. "The technology for the Rs 22-crore project will be provided by our joint venture partner Mauser and it is expected to commence production by September," he said. The company is also looking at expanding capacity of its recently acquired unit at Hyderabad to manufacture high -technology valve regulated lead acid (VRLA) batteries, Mr Thyagarajan said. It offers a range of technology-based polymer products catering to the various sectors with industrial and consumer packaging solutions, lifestyle products, auto components, healthcare products and construction/infrastructure related products. - PTI
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