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Time Tech to set up industrial packaging plant in Malaysia

Polymer products company Time Technoplast Saturday said it will set up an industrial packaging plant in Malaysia.



New Delhi: Polymer products company Time Technoplast Saturday said it will set up an 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.

PTI

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