News Briefs: Plastiblends India, Time Technoplast and Zuari Industries
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News Briefs: Plastiblends India, Time Technoplast and Zuari Industries

FY 2022-23 revenue for Plastiblends Limited is approximately Rs. 769 crore

  • By ICN Bureau | April 03, 2023

Plastiblends India achieves record yearly revenue 

Plastiblends India Limited has achieved an all-time highest ever yearly revenue from operations in the history of the company for FY 2022-23. FY 2022-23 revenue (subject to audit) for Plastiblends Limited is approximately Rs. 769 crore whereas revenue for the quarter Jan-Mar, 2023 (subject to audit) is approximately Rs. 198 crore. 

Time Technoplast gets approval for composite cylinders for oxygen and breathing air

Time Technoplast Limited is the first and only company in India to receive approval from Petroleum and Explosives Safety Organization (PESO) for manufacturing composite cylinders for Oxygen and Breathing Air.

These cylinders are used by firefighters, mountain climbers, portable home oxygen bottles, mobile ambulance & hospitals, defence sector and for underwater activities. This product is an import substitute and further has various additional advantages over the present metal cylinder i.e. lighter in weight, long shelf life, no rusting and corrosion, zero leakage, easy handling and useability.

These cylinders have an additional feature of carrying double the quantity of gas in the same capacity of the cylinder.

Partial business interruption at SPE division of Zuari Industries 

Zuari Industries Limited (formerly Zuari Global Limited) has informed that there has been a partial business interruption at SPE division of Zuari Industries Limited, due to severe tube leakage in the 150 TPH boiler on the night of 31st March, 2023. The plant management is undertaking all measures to restore the operations. The company will inform, once the restoration of full operations is done.


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