19 June 2013 13:11 [Source: ICIS news]
MUMBAI (ICIS)--India’s Jolly Containers will expand its polypropylene (PP) copolymer conversion capacity by the end of 2013 amid strong domestic demand, said Ritesh Gandhi, CEO of the plastic products manufacturer, on Wednesday.
Jolly Containers operates a 9,600 tonne/year conversion unit in Daman, about 170km from Mumbai, and will expand it by an additional 480 tonnes/year in three months.
It will also start operating its new 4,800 tonne/year unit in Pune, about 160km from Mumbai, within the next six months.
Gandhi cited strong growth in downstream sectors in India as a key reason behind the capacity expansion, saying he expects double-digit growth for PP copolymer in the country in 2013 and 2014.
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