Petrochemical
Autotech-Sirmax expands thermoplastics compounding capacity at Gujarat plant
Company has invested INR 90 million to modernize machinery which has increased installed output to over 45,000 MT per year
- By ICN Bureau
| March 09, 2022
Autotech-Sirmax India recently announced an increase in its thermoplastics compounding capacity at an investment cost of INR 90 million in modern extrusion plant & machinery at Valsad, Gujarat, India. The Mumbai-based company is part of Tipco Group. It produces polypropylene compounds, engineering plastics, long-glass fibre compounds, bio-degradable compounds, circular economy materials, etc. for India & S.E. Asian markets.
Investment in latest high-speed, flexible length, multi-port, mega-torque, Co-rotating Twin Screw Extruders having overall annual capacity of 10,000 MT has increased the company’s installed output to over 45,000 MT.
According to company’s marketing director, Ankur Betai, “These new compounding lines will help us cater to rapidly increasing market demand for high-quality Engineering Thermoplastics (ETP such as Polyamide 6 & 6,6, ABS, Polycarbonate, PC/ABS, PBT, Flame retardant compounds) as well as Polypropylene (PP) Compounds, which have grown by 50% and 26% respectively in the recent months.”
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