Autotech-Sirmax India Pvt. Ltd. (ASIPL), a JV between Tipco Group & Sirmax SpA, invests INR 90 million and increases its continuous production compounding capacity in latest plant & machinery at its flagship plant in Valsad, GJ, India
Valsad, GJ, 22-Feb-2022 – Autotech-Sirmax announces an increase in its thermoplastics compounding capacity at an investment cost of INR 90 million in modern extrusion plant & machinery at Valsad. The Mumbai-based company is part of Tipco Group. It producesPolypropylene compounds, Engineering Plastics, Long-Glass Fibre Compounds, Bio-Degradable Compounds, Circular Economy Materials, etc. for India & S.E.Asian markets.

Investment in latest high-speed, flexible length, multi-port, mega-torque, Co-rotating Twin Screw Extruders having overall annual capacity of 10,000 MT has increased the company’s installed output to over 45,000 MT. According to company’s marketing director, Mr. Ankur Betai, “These new compounding lines will help us cater to rapidly increasing market demand for high-quality Engineering Thermoplastics (ETP such as Polyamide 6 & 6,6, ABS, Polycarbonate, PC/ABS, PBT, Flame retardant compounds) as well as Polypropylene (PP) Compounds, which have grown by 50% and 26% respectively in the recent months”.
Tipco Group
Tipco was established in 1945. It is India’s first plastics raw materials manufacturing company. Tipco was also the first company to begin Polypropylene Compounding in India in 1982 catering to various Automotive OEM’s such as Maruti Suzuki, Honda, Toyota, TATA, etc. In 2018, ASIPL launched the complete range of speciality Engineering Thermoplastics Compounds (ETP) based Sirmax technology for making Polyamides (PA6/PA66/Blends), Polycarbonate (PC), Styrenics (ABS/SAN/HIPS), Polyesters (PBT/PET), Speciality Blends (PC/ABS, PC/PBT, PA/ABS, PPE/PS), POM, PEEK, Electrically & Thermally Conductive
Compounds, Elastomers. Tipco Group was also the first company in India to produce Long Glass Fibre Reinforced Thermoplastics Compounds (LFT) and Carbon Fibre Reinforced Compounds (CFRP) using latest extrusion-pultrusion technology which is successfully substituting metals with LFTs for several sectors. Autotech-Sirmax has recently launched Bio-Degradable Compounds called BioComp® for films & disposable market.
Sirmax Group
Sirmax Group, with headquarters in Cittadella (Italy), is a leading independent European compounder (and among the top global manufacturers) of Thermoplastics Compounds, Bio Degradable compounds, Elastomers and Circular Economy materials used across all industrial sectors: automotive, household appliances, power tools, household, construction and furniture. Active since the 1960s, it now has 13 production plants: Six in Italy – Cittadella, Tombolo,
sola Vicentina, San Vito Tagliamento, Salsomaggiore Terme, Mellaredo di Pianiga – Two factories in USA, Poland, One in Brazil, & Two in India (Valsad & Palwal). Sirmax has significant market share in Europe, North/South America & Asia. Among its clients are Whirlpool, Bosch-Siemens, Electrolux, Karcher, Philips, Honeywell, ABB, Technogym, Stellantis, Volkswagen Group, Daimler, De’Longhi, Haier, BMW and PSA. In 2020, the Group had a turnover of € 315 million, with 700 people worldwide. Total turnover of Sirmax for the first half of 2021 is € 220 million.
------------------------------------------------
For immediate release
Autotech-Sirmax India Pvt. Ltd.
Raheja Tipco Plaza, Rani Sati Road,
Malad East, Mumbai 400 097 India
Email: marketing@autotechsirmax.in
Web: www.autotechsirmax.in
Tel: +91 22 4276 2000
Previous PressRelease
Next PressRelease
-
PLASTFOCUS 2024 An Evolved Plastics Exhibition
-
Ampacet Introduces Odour-absorbing Masterbatches for Post Consumer Recycled Plastics
-
Cloud Chemicals Now Manufactures Ready-to-use Colours for Varied Polymer Categories
-
Plastex Returns In-person To Showcase Mena's Growing Plastics Industry In January 2022
-
4D Printing: Heat Shrinks Printed Objects
-
Delta Tecnic Promotes Use Of Micromasterbatches
-
Teknor Apex Monprene® CP-16500 TPEs for Pet Toy Market
-
Lightweight Plastic Materials For Electric Cars: New Ceresana Study
-
Kraton Corporation To Be Acquired By Chemical Co. Ltd
-
Solvay Announces Groundbreaking Solution For Recycling PVDC
-
8th International-Injection, Blow, Roto Moulding, and PET Global Summit -2023 | 9th - 10th, October 2023 | Mumbai, India.
-
Mr Ravish Kamath Elected as President of Plastindia Foundation for the Term 2023-26
-
New Managing Committee takes charge at AIPMA for 23-24
-
10th Speciality Films & Flexible Packaging Global Summit -2023 Over 1900 delegates I 725 Organizations I 20 Countries
-
10th Speciality Films & Flexible Packaging Global Summit 2023 | 31st Aug - 01st Sept 2023 | Reliance Jio World Convention Centre, BKC, Mumbai, India.
-
Ajedium™ PEEK Film from Solvay Wins Award for Lowering EV Battery and Motor Weight
-
TotalEnergies Packaging Now Made of 50% Recycled Polymers
-
Pre-Coloured Polyarylethersulfones,PAES, from Avient and BASF
-
New HDPE Resin for Tethered Caps to Reduce Material Usage
-
PLEXCONNECT 2023 Adds Over More than 4000 Footfalls on Day 1 with Traders and Exporters Showing an Excellent Response.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}