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Capital & Financial MarketsOperations & Footprint 25 Sep 2026

Mitsu Chem Plast lifts moulded polymer capacity 22% to 36,600 tonnes a year

Indian polymer products maker Mitsu Chem Plast has added 6,700 tonnes of annual manufacturing capacity since April 2026, taking installed capacity above 36,600 tonnes a year from 29,900 tonnes at the end of FY26. The additions, made in three phases between June and August 2026 at the company's Khalapur facility, were funded through internal accruals and bank borrowings.

Why this mattersA 22 percent capacity increase at below two-thirds utilisation signals the converter is betting on continued demand growth across chemicals, pharma and healthcare packaging.

  • Annual capacity added: 6,700 tonnes since April 2026, taking total installed capacity above 36,600 tonnes from 29,900 tonnes at end-FY26
  • Capacity added in three phases at the Khalapur facility: approximately 2,550, 3,550 and 600 tonnes per annum
  • FY26 capacity utilisation was around 64 percent before the expansion
  • Q1 FY27 (June 2026 quarter) EBITDA rose to USD 1.62m (INR 154.9m) from USD 0.52m (INR 50.1m) a year earlier
  • Net profit for the quarter increased to USD 0.91m (INR 87.4m) from USD 0.14m (INR 13.1m)
  • Company targets annual revenue of USD 104.4m (INR 10bn) by FY28, partly on the new capacity and a planned automated IBC facility
Mitsu Chem Plast
Sources english.loktej.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-09-28 · Edited before publication: The source describes blow-moulded and injection-moulded polymer products across chemicals, agrochemicals, pharma, paints and healthcare, not packaging capacity specifically. Headline narrowed to what is supported and given the absolute figure. All INR conversions at 95.82 check out (1,549.48 lakh = USD 1.62m, 1,000 crore = USD 104.4m).
  • 2026-09-28 · Edited before publication: Style: rupee amounts were given first with USD in brackets, reversing house style. Conversions at INR 95.82/USD are correct (154.9m = 1.62m; 50.1m = 0.52m; 87.4m = 0.91m; 13.1m = 0.14m; 10bn = 104.4m), as is the 22% increase (6,700 on 29,900). Key facts reissued in full with USD first.