Key Operational Details
- The company, through its wholly owned subsidiary, has commenced manufacturing operations for Intermediate Bulk Containers (IBCs) at Bhuj, Gujarat
- Facility has installed capacity of approximately 150,000 IBCs per annum
- Projected additional revenue generation: Approximately ₹100 crores
- Strategic location focused on serving customers in Bhuj, Kutch and surrounding industrial regions
- Unit also manufactures industrial plastic drums with capacity of 200 liters and above
Strategic Advantages
- Proximity to key customers and industrial clusters
- Reduced transportation distances
- Shorter delivery lead times
- Improved supply reliability
- Enhanced customer responsiveness
Business Impact
- Strengthens company's manufacturing footprint in Gujarat
- Expands IBC and industrial packaging business capabilities
- Enhances ability to serve customers across key industrial and export-oriented markets in Gujarat and Kutch region
- Enables offering broader range of industrial packaging solutions
Corporate Context
TPL Plastech Limited is a subsidiary (75%) of TIME TECHNOPLAST LTD (listed company)
- Engaged in manufacturing technology-based polymer and composite products
- Primary products: Plastic Drums/Jerry Cans and Intermediate Bulk Containers (IBCs)
- Manufacturing facilities at 5 locations: Silvassa, Ratlam, Bhuj, Vizag, and Dahej
- Serves customers in industries including Chemical & Petrochemicals, Specialty Chemicals, Plasticizers, Pharmaceutical, FMCG, and Food products