Mitsu Chem Plast to Boost Production Capacity by 655 Tonnes Annually

Mitsu Chem Plast Limited, a prominent provider of polymer solutions, is set to enhance its manufacturing capabilities by adding 655 tonnes per year to its existing capacity. This strategic expansion will raise the company's total operational capacity from 28,424 tonnes per year to approximately 29,079 tonnes per year. The investment of around ₹85 lakh, sourced from internal accruals, will be used to acquire advanced machinery designed to boost productivity and ensure superior product quality.

This capacity increase is a key part of Mitsu Chem Plast's growth strategy, aimed at addressing the growing demand for its blow-moulded and injection-moulded products. It will enable faster turnaround times for Original Equipment Manufacturers (OEMs) and improve the company's ability to serve diverse sectors, including industrial packaging, hospital furniture parts, infrastructure components, and emergency handling solutions. The expansion also bolsters supply-chain resilience for end-user industries like chemicals, pharmaceuticals, and agrochemicals.

Jagdish Dedhia, Chairman of Mitsu Chem Plast, stated that this investment ensures the company remains competitive by expanding production, improving delivery, and exceeding customer expectations, keeping them on track to meet their revenue targets.

**Impact** This expansion is expected to positively impact Mitsu Chem Plast's revenue growth and market position. It demonstrates the company's commitment to scaling operations to meet demand, potentially leading to increased sales and profitability. Investors may view this as a sign of strong future performance. Rating: 6/10

**Terms** * **Capacity**: The maximum amount of production a company can handle. * **Tonnes per year**: A unit of weight used to measure production output over a year. * **Original Equipment Manufacturers (OEMs)**: Companies that manufacture products based on designs supplied by another company. * **Internal Accruals**: Profits that a company has retained over time and can use for investment without borrowing. * **Supply Chain Resilience**: The ability of a supply chain to withstand and recover from disruptions.