Plastics News - Show Daily - October 20, 2022 - 6

6 * Plastics News, October 20, 2022
SHOW DAILY
Welset expands in India,
looks to oxo-degradables
By Satnam Singh
Plastics News Correspondent
STRETCHING THE LIMITS
Several of India's larger masterbatch
producers are expanding,
and Mumbai-based Welset
Plast Extrusions Pvt. Ltd. is no
exception. The company is coming
to K 2022 with plans to open
additional manufacturing capacity
in its production hub at Silvassa,
about 180 kilometers north
of Mumbai, as it brings a line of
oxo-biodegradable masterbatches
to K 2022.
" We already have
Hall 03, C90
19.- 26. Oct, Düsseldorf, Germany
www.brueckner.com
three sites in Silvassa
with a combined
production capacity
of 36,000 metric tons
a year, " said Managing
Director Arvind
Mehta. " Now we are
going ahead with a further
expansion due to
growing demand and setting up a
fourth plant in phase one and fi fth
site in phase two in Silvassa. "
The company is investing 150
million Indian rupees ($1.8 million)
in the fourth site, which will have
capacity to produce an additional
14,000 metric tons a year. Construction
is expected to start in December
and be operating by September.
" We have already acquired two
acres of land for our current and
future expansion, " Mehta said.
Welset will invest another 150
million rupees for the fi fth plant,
which, if it goes ahead, will have
similar production capacity as
the fourth factory.
The timetable for that site depends
on the capacity utilization
of the fourth plant.
Welset offers color, white and
black masterbatches, along with
anti-fi brillation/fi ller
masterbatches
and a range of additive
masterbatches.
The company is purchasing
extrusion lines from India's Steer
Engineering for the new plant, Mehta
said.
Almost every key masterbatch
producer in India has a production
base in the former Portuguese colony
of Silvassa, which borders the
western Indian state of Gujarat,
which is home to a sizable part of
the country's plastics industry.
Growing at about
WELSET PLAST
EXTRUSIONS
PVT. LTD.
Hall 12, A59
15 percent annually,
Welset is also targeting
the plastics agriculture
market and
looking to expand its
presence in the Middle
East and Africa.
" A sales offi ce in
Dubai is also planned
Dubai is also planned
to push exports in the Gulf Cooperation
Council countries and Africa, "
Mehta said.
Welset opened an offi ce in Barcelona
in 2019 to cater to the European
market.
At the K Show, the company is
showcasing its new 'Biolife' range
of oxo-biodegradable
masterbatches.
The product range can
be used with regular polymers
and colors on conventional plastic
processing equipment, the
company said.
The company said Biolife has
compostability and heavy-metal
free certifi cation as well as meeting
food contact regulations from the
U.S. Food and Drug Administration.
In 2018, Welset sold its PVC
compounding business to Japan's
Mitsubishi Chemical Corp.
We already have three
sites in Silvassa with
a combined production
capacity of 36,000 metric
tons a year. Now we are
going ahead with a further
expansion due to growing
demand and setting up a
fourth plant in phase one
and fi fth site in phase two
in Silvassa. "
Arvind Mehta
Welset Plast Extrusions Pvt. Ltd.
This year marks K show's 70th anniversary.
Plastics News photo by Caroline Seidel
http://www.brueckner.com

Plastics News - Show Daily - October 20, 2022

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Plastics News - Show Daily - October 20, 2022 - CT1
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Plastics News - Show Daily - October 20, 2022 - 1
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