Briefs: Kansai Nerolac Paints and Deep Polymers
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Briefs: Kansai Nerolac Paints and Deep Polymers

Kansai Nerolac Paints enters into loan agreement with Nerofix

  • By ICN Bureau | August 27, 2025

Kansai Nerolac Paints enters into loan agreement with Nerofix

Kansai Nerolac Paints Limited has entered into a Loan Agreement with Nerofix Private Limited, a wholly owned subsidiary of the Company for grant of loan to Rs. 45 crores by the company to the wholly owned subsidiary.

Deep Polymers commences commercial production from new unit at Rakanpur

Deep Polymers Ltd has announced that the Commercial production of 'BOPP Masterbatch in White & Additives, Pearlscent & Cavitation Masterbatch' has been started on July 2025 at our new manufacturing unit situated at Block No 727 & 553, Rakanpur(Santej), Ta - Kalol, Dist - Gandhinagar, Gujarat.

The company has launched a new product named "White and Additive Masterbatches for BOPP and CPP films". The installed capacity is 10,000 MTPA, with the provision to scale up to 20,000 MTPA. It was announced that running production at the installed capacity would result in an increase of Rs. 12.60 crore in monthly turnover and Rs. 150 crore in yearly turnover.

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