Plasticon recognizes Milacron for Innovation and Fastest Growth

23-Feb-15

Two prestigious awards have been conferred upon Milacron for its excellence at the 7th Plasticon Awards organized by Plastindia Foundation. Milacron has been announced winner and awarded Gold Trophies in two categories- 1) Innovative Plastics Processing Machinery & Ancillary 2) Fastest Growing Enterprise – Plastic Processing Machinery & Ancillaries The award trophy was received by Mr. Jigish Shah, VP Technology and New Product Development, for Innovative Plastics Processing Machinery & Ancillary and by Mr. Shirish Divgi, MD, Milacron India for Fastest Growing Enterprise – Plastic Processing Machinery & Ancillaries. Milacron has shown above 20% CAGR growth in last 5 financial years. The growth is because of various factors contributed in domestic market and international markets. On receiving the award, Mr. Jigish Shah, has conveyed, “Innovation is one of our core values and strength too. Innovation helps an organization to stay ahead of the competition and helps its customers to lead in their businesses.” Milacron has demonstrated Injection Moulding Machines, Reciprocating Blow Moulding Machine and Extruder. One of the three exhibited Injection Moulding Machines, All Electric, Elektron 200 was demonstrating IML-TWIM Round Container production. Elektron 450 (All Electric machines) was the nomination from Milacron for the category of Innovative Plastics Processing Machinery & Ancillary. “I am going through a mixed feeling of pride and responsibility. I am proud of consistent growth rate and this was achieved because of the teamwork and continuous trust of our customers. It also put onus to perform better in years to come, as our competition is with none other than our own manufactured machines, as we have to raise the benchmark of performance level”, said Mr. Divgi.