Ferromatik Milacron India Ltd to Start Its Injection Presses Capacity Expansion
CHEMMONITOR.COM - By 2020, demand for plastics in India is expected to increase to about 20 million metric tons per year. All the machinery makers in India are currently raising their capacities in order to satisfy escalating demand.
India-based leader in the plastics production Ferromatik Milacron India Ltd. is going to enhance its capacity in Ahemdabad. However, it does not operate in full. The start of the expansion is scheduled for 2015.