# Kanpur Plastipack and Essegomma form 50:50 joint venture for polypropylene yarn

Kanpur Plastipack Limited has approved a 50:50 joint venture with Essegomma S.p.A. of Italy to establish a company in India for sales, marketing, trading, and distribution of high-performance polypropylene yarn.

- Type: Partnership
- Announced: 2025-11-10
- Where: India
- Status: announced
- Products: high-performance polypropylene yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Kanpur Plastipack](https://endata.com/companies/13690.md) (partner)
- [Essegomma](https://endata.com/companies/13691.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/kanpur-plastipack-limited-announces-in-principle-approval-to-enter-into-a-50-50-joint-venture-with-e-ce7d5edada8af625), 2025-11-10: "The Board has accorded in-principle approval to enter into a 50:50 Joint Venture with Essegomma S.p.A., Italy, to establish a Joint Venture Company in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.