Mumbai: Mitsu Chem Plast Limited (BSE: 540078), a leading certified manufacturer of polymer-based molded products, has announced a further expansion of its manufacturing capacity by 3,550 MT/Year. The capacity addition is aimed at supporting the Company’s sustained growth, product diversification and ability to meet increasing customer demand.

Key Highlights of the Capacity Addition:

  • Existing manufacturing capacity: 32,450+ MT/Year
  • Existing capacity utilization: 64% for the year ended March 31, 2026
  • Proposed capacity addition: 3,550 MT/Year

Expanding Capacity to Support Sustainable Growth:

The proposed capacity addition marks another important step in Mitsu Chem Plast’s ongoing expansion strategy. By increasing its manufacturing capacity, the Company aims to strengthen its ability to cater to growing demand across its diversified customer base and support its long-term growth plans.

With existing capacity utilization at 64%, the planned expansion will provide additional manufacturing headroom, enabling the Company to respond efficiently to increasing market requirements while supporting opportunities for product diversification. The investment in new machinery is expected to enhance the Company’s manufacturing capabilities and strengthen its operational platform.

The capacity addition will further enable Mitsu Chem Plast to serve its OEM customers across sectors including chemical, pharmaceutical, agrochemical, healthcare, infrastructure and allied industries, while supporting the Company’s focus on delivering quality products and meeting evolving customer requirements.

Commenting on this expansion, Mr. Sanjay Dedhia, Managing Director of Mitsu Chem Plast Limited said, “We are pleased to further expand our manufacturing capacity by approximately 3,550 MT/Year. This expansion reflects our continued focus on proactive capacity planning and our confidence in the long-term demand outlook across the markets we serve. The additional capacity will strengthen our ability to meet customer requirements, support product diversification and create opportunities for sustainable growth.

As we continue to expand our manufacturing footprint, we remain focused on strengthening our capabilities across key product segments and deepening relationships with our OEM customers. We believe this expansion will provide a stronger platform to capture emerging opportunities, improve responsiveness and support consistent, profitable growth over the long term.”