Plastiblends India Ltd is India’s largest Manufacturer and exporter of color and
Additive Master Batches and Thermoplastic Compounds for the plastic processing Industry.
They produce masterbatches for polyolefin’s including BOPP, PET, PBT, ABS, HIPS,
EVA .They have manufacturing capacity above 75000 MT annually. They have extensive
world class manufacturing facilities include two manufacturing units in the Daman
and new unit in Roorkee.
The agriculture Industry is a major consumer of plastic with a very diverse array
of applications. These applications cover the entire value chain from, for instance,
soil conditioning to packaging of foodstuffs. Company has variety of products catering
to this industry like Anti Fog masterbatches, Polycolor Master Batches, Polyultra
stabilizers and quenchers, Antioxidant Master Batches & Polymer processing Aids.
Hence company is poised for strong growth due to contribution from Agriculture sector.
Plastic materials are very essential requirement for Automotive Industry. On the
exterior of vehicle , components such as bumper fascias , claddings , rocker panels
, body side .also in interior of vehicle , plastic parts such as door trim , instrument
panels , seat belts, consoles, armrests , grip handles , seat backs , public transport
seats, dashboards , upholstery and knee bolsters are required. Company has variety
of products to deal with demand of this industry like Anti Microbial master batches,
Anti static master batches, Flame retardants master batches etc. Hence company has
a balanced portfolio of products post stable growth in sales for next few years.
Specialist in Electronic & Telecommunication:
Company is a leading supplier of specialized polymer materials with expertise in
thermoplastic compounds and color and performance additives. Electrical devices
like TV sets, computer, home appliances and many other electronic devices consist
of many plastic components that need masterbatches to achieve the right functionality.
Hence there is lots of scope for company to grow by meeting consumer sector demand
in next few years.
Stable Crude Prices:
Since last few months crude prices are trading at fairly lower levels which is big
positive for company like plastiblends as their major raw material is polymer. Polymer
is a major raw material to manufacture plastic and its prices are directly co related
with international crude prices. Company’s raw material cost is 72.3 % as a % of
total sales. Hence these will help company to improve on margins for next few years.
Company has been steadily increasing its volume since last few years. Company has
grown in terms of their export which is 30% of total sales. Also company has increased
its capacity from 52000 in 2011 to 75000 in 2014.Hence company is looking to grow
in terms of volumes to meet increase in demand of organized sector. Company is also
looking at add value added products in its portfolio to improve its product mix
in next 2 years.