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Mold-Tek Packaging acquired land in Mahad, Maharashtra for a 1,500-tonne manufacturing plant with an investment of INR 20 crore, to supply pails to Grasim Industries. The plant is expected to be set up by October.
Mold-Tek Packaging opened new rigid plastic manufacturing units in Panipat (Haryana), Cheyyar (Tamil Nadu) and Sultanpur (Telangana) with a total investment of more than INR 100 crore, adding 5,500 tonnes of capacity. The company announced it on January 8, 2024.
Mold-Tek Packaging has won an order from Grasim Industries' Birla Paints Division to supply packing material for a new facility at Panipat, Haryana, expected to be operational by end of 2023. The estimated value is Rs 30 crore.
Mold-Tek Packaging plans a co-located plant in Panipat to serve Birla Paints, estimated at Rs30 crore and due operational by end-2023, with IML container production planned for northern India.
Mold-Tek Packaging received a Letter of Award from Grasim Industries' Birla Paints division to supply packing material pails.
