Mitsu Chem Plast Ltd. Announces Capacity Addition Amid Sustaining Growth Strategy
Mitsu Chem Plast Ltd. has announced plans for a significant increase in its operational capacity, positioning itself for sustained growth and greater market penetration. The company confirmed details regarding its existing manufacturing capabilities and the proposed expansion across various product lines.The company currently holds an existing combined capacity of 29,900+ MT per year (for 2025-26), which encompasses the facilities located in Tarapur (Unit I, Unit II, and Unit IV) and Khalapur (Unit III). For the fiscal year ending March 31, 2026, the existing capacity utilization stood at 64%.The proposed capacity addition involves an increase of...