CHEMANOL

Time Technoplast's Saudi unit wins annual packaging contract from CHEMANOL

Time Technoplast's wholly owned Saudi subsidiary has won an exclusive one-year contract worth about USD 3.7m (INR 350m) from Methanol Chemicals Company (CHEMANOL), the company disclosed in a filing on 7 November 2026. The Tadawul-listed methanol producer will source drums, jerry cans and intermediate bulk containers under the contract, which is to be executed within one year.

Why this mattersA one-year exclusive award from a Saudi methanol producer adds drum, jerry can and IBC volume to Time Technoplast's Gulf business through its local subsidiary.

• Contract value about USD 3.7m (INR 350m)
• Awarded to Time Technoplast's wholly owned Saudi Arabian subsidiary by CHEMANOL
• Covers supply of drums, jerry cans and IBCs over a one-year term
• Disclosed in a Regulation 30 filing dated 7 November 2026
• Classified as an international, non-related-party transaction; no promoter interest in CHEMANOL

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