Plastiblends India Ltd to expand manufacturing capacity with new production plant in Gujarat

14-Jul-15
One of India's leading manufacturers of colour & additive masterbatches and compounds- Plastiblends India Limited, plans to expand its manufacturing capacity by setting up a production plant in Gujarat. The company has identified land near Palsana, Surat to setup new manufacturing unit. The expansion will be funded mainly through internal accruals. Plastiblends has already acquired part of the land and has started construction of manufacturing facility which will be commissioned in phased manner. Currently, Plastiblends, a part of Kolsite Group of Companies, has manufacturing facilities at Daman and Roorkee (Uttarakhand).
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