Wednesday, February 25, 2009

Machino to house 1000 mtpa PP compounding plant in Chennai

Machino Polymers Ltd., India's leading polypropylene composite material manufacturer, has decided to outlay Rs 1.99 bln (approx. US$40 mln) in a polypropylene compounding facility in Chennai. The PP ccompounding plant will have a of 1000 mtpa and will be supplied to the expanding automobile sector in India, which the company is projecting to rise by 11%.

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