Current Date: 22 Nov, 2024

Varun Polymer planning to set up Plastic Mats Unit Project at Maharashtra

Varun Polymers wants to start a new project to make plastic mats in Jalgaon, Maharashtra. The plant is supposed to be able to make 100,000 square meters of plastic mats per year, which can be used for many different things. The project is estimated to cost about 6 Crores and be finished in 2025. Varun Polymers is one of the biggest companies in India that makes things out of plastic. The company has a strong history of coming up with new ideas and has created a number of its own methods for making plastic mats. The new company in Jalgaon will be the third place in India where Varun Polymers makes plastic mats. 

The other two plants are in Ahmedabad, Gujarat, and Pune, Maharashtra. Varun Polymers is making a big investment by building a new plant in Jalgaon. This shows how committed the company is to the Indian plastics business. It is estimated that the plant will create about 500 jobs and help the economy in the area. 

Here are some of the key details of the project: Location: Jalgaon, Jalgaon, Maharashtra Capacity: 100000 square meters per annum Cost: 6 Crores Completion date: 2025 Products to be manufactured: Plastic mats for a variety of applications Technology: Proprietary technologies developed by Varun Polymers Jobs to be created: Around 500The project is still in the planning stage and is subject to regulatory approvals. However, Varun Polymers is confident that the project will be completed on time and within budget. The new plant is expected to play a significant role in the growth of the Indian plastics industry and will help to make India a global hub for the manufacturing of plastic mats.

As of September 2023, The project is currently in the stage of being approved currently awaiting approval from the government.

News by Rahul Yeligetti

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Source : Projxnews