Plastech News

New Delhi —   One of India's leading PVC pipe manufacturers, Astral Poly Technik Ltd., is in the midst of an expansion in both the northern and southern parts of the country. The company, based in Ahmedabad, is leasing land from the Rajasthan State Industrial Development and Investment Corp. Ltd. at the Ghiloh Industrial Area in the Alwar district of Rajasthan. In a filing with the Bombay Stock Exchange, the company said the facility will make PVC and chlorinated PVC pipe and fittings, initially for the water market, and said it would initially invest about 70 crore Indian rupees ($11 million). In an interview at the Acetech building products show in New Delhi in mid-December, a company official declined to share details on the total investment or capacity, but said the Rajasthan plant would cut shipping costs for supplying northern India, including Delhi and Uttar Pradesh, which are currently served by its Gujarat plant about 600 miles away. In a November call with...

PORTLAND, Oregon and PUNE, India, Mar 28, 2017 (PR Newswire Europe via COMTEX) -- PORTLAND, Oregon and PUNE, India, March 28, 2017 /PRNewswire/ -- PVC Pipe Marketreport, published by Allied Market Research, is expected to reach $85,565 million by 2022, growing at a CAGR of 7.9% from 2016 to 2022. Unplasticized PVC pipe segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. China held the leading position in the global market in 2015,and is expected to maintain its lead in the future. Summary of the ReportPVC Pipe Marketcan be accessed on thewebsite at: https://www.alliedmarketresearch.com/pvc-pipes-market The PVC pipe market is in its maturity stage. In this industry, most of the players focusto consolidate their market position through strategic expansions and product launches. Major factors that drive the demand for PVC pipe includerisein demand from irrigation & construction industries, growth in focus...