# Kanpur Plastipack and Essegomma form joint venture for polypropylene yarn

Kanpur Plastipack Limited 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

- [scanx.trade](https://scanx.trade/stock-market-news/corporate-actions/kanpur-plastipack-forms-joint-venture-with-essegomma-plans-105-26-crore-investment/24336485), 2025-11-10: "The Board of Directors of Kanpur Plastipack has granted in-principle approval to enter into a 50:50 joint venture with Essegomma S.p.A., an Italian company specializing in the manufacture of multifilament yarns since 1983."

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