Kansai Nerolac Paints & Rajshree Polypack Expand Production Capacities
BY ADMIN
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FILED 05 Feb 2025, 9:27 PM
Kansai Nerolac Paints Limited and Rajshree Polypack Limited have announced expansions to enhance their production capacities, reflecting their commitment to meeting growing market demand.
Kansai Nerolac Paints Limited
- Expansion Details: Increasing auto paint production capacity at its Sayakha plant by 4,200 KL per annum.
- New Capacity: Expanding from 11,940 KL per annum to 16,140 KL per annum.
- Current Utilization: The plant operates at 84% capacity utilization.
- Investment: ₹41 Crores, funded through internal accruals.
- Reason for Expansion: Driven by growth in the automotive paint industry.
Rajshree Polypack Limited
- Expansion Strategy: Adding capacity through the acquisition of thermoforming and extrusion machinery.
- New Capacity Addition:
- Extrusion: 1,600 MTPA
- Forming: 1,100 MTPA
- Current Capacity & Utilization:
- Extrusion: 24,000 MTPA (88% utilization)
- Forming: 10,270 MTPA (70% utilization)
- Investment: ₹3.50 Crores, funded through debt and internal accruals.
- Completion Timeline: Expected by June 2025.
- Purpose: To meet the increasing demand for its products.
- Location: New machinery will be installed at the Daman facility.
These expansions underscore their commitment to growth and operational efficiency in response to rising industry demand.