Ori-Plast planning large-diameter pipe plant

By Satnam Singh
Correspondent

Published: October 25, 2012 6:00 am ET

Related to this story

Topics Construction, Pipe/Profile/Tubing

CALCUTTA, INDIA (Oct. 25, 10 a.m. ET) — Ori-Plast Ltd. is planning a foray into large-diameter pipe.

“We have plans to set-up the new facility, most likely to be in [the Bengal region in India], for manufacturing large-diameter drainage pipes,” said Executive Director Harsh Agarwal at Indplas’12, held Oct. 5-8 in Calcutta.

“Currently, large-diameter drainage pipes are in concrete only. Therefore, there is huge potential in the segment, considering bullish trends such as the large investments pumping into infrastructure building projects by government and booming real-estate sectors like housing.”

Calcutta-based Ori-Plast is looking at options including technical collaboration or a joint venture with a foreign partner.

“We are in touch with three companies from the U.S. and holding preliminary talks with them,” he said. “We would like to finalize … investment, plant location and the technical partner in the next eight to 10 months.”

The company now has four facilities, all in India. It makes pipe and fittings of PVC and chlorinated PVC, and high and medium density polyethylene. Two of those plants also rotational mold linear low density PE water tanks. Companywide, Ori-Plast has the capacity to manufacture 110 million pounds of product annually. A fifth plant would bring that total to 143 million pounds.

The company, which has been in business more than 40 years, exports indirectly through international aid agencies like UNICEF and the World Health Organization.


Comments

Ori-Plast planning large-diameter pipe plant

By Satnam Singh
Correspondent

Published: October 25, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Judge limits scope of jury verdict against JM Eagle

December 19, 2014 2:30 pm ET

A federal judge in Los Angeles said Dec. 18 that last year's jury verdict issued against J-M Manufacturing Co. — now JM Eagle — for...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events