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Prakash Pipes expands its flexible laminates and blown film manufacturing capacity

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Capital Market
Prakash Pipes announced that the Flexible Packaging division of the company has doubled its capacity by commissioning one more Printing Machine . The enhanced capacity of Flexible Laminates now stands at 8,400 tonnes per annum.

Further, the Blown Film manufacturing capacity has also been enhanced from 1,300 tonnes per annum to 4, 100 tonnes per annum after the commissioning of new 3 layers IBC Blown Film Plant.

The above expansion is funded entirely through internal accruals and will significantly boost the revenue and profitabil ity of the company.

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First Published: Nov 04 2019 | 1:48 PM IST

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