Time Tech to set up industrial packaging plant in Malaysia
"The project is likely to commence production at the end of Q1, 2012," Time Technoplast said in a filing to the BSE.
The company will manufacture plastic packaging products, including intermediate bulk containers, plastic drums and containers, in Malaysia.
"This project is a part of our Asian vision. We have aggressive plans to be in all major markets in Asia and to become a dependable one stop shop for polymer based industrial packaging products," Time Technoplast Chief of International
Business C Hubert said.
The company also has plans for setting up reconditioning, rebottling plant in the same premises, it added.