Sirmax sets up new thermoplastic granules production plant in India

The Sirmax Group, the Italian-based company specializing in the production of thermoplastic granules, is set to establish its 14th global production plant near Hosur, India. The company will extend its presence to the southern part of the country.

After acquiring the land from the Indian state government of Tamil Nadu, construction of the new plant has commenced and is scheduled for completion by 2026. As outlined in a specific agreement, production has to be initiated within three years.

Sirmax operates in India through Autotech-Sirmax, a joint venture between the Cittadella-based group and India's Tipco Group.

Situated in the Bangalore-Hosur region, the plant is a greenfield project, constructed entirely from the ground up, and is designed to boast an annual production capacity of 20 thousand tons.

Coinciding with this project, the already-operating Palwal plant will expand the space by 7,000 square meters in order to increase annual production capacity by an additional 15,000 tons.

The expanded facility will host four new production lines equipped with state-of-the-art extruders designed for high-speed operations and increased output. It also involves the establishment of new warehouses featuring automated material handling systems, along with the integration of advanced laboratory equipment.

“At this pivotal moment in history, India stands out as the sole global region experiencing genuine growth. The country has a large domestic market and is an important hub for Southeast Asia,” remarks President Pavin.

These operations are part of the Sirmax's strategy to boost its foreign subsidiaries, which it aims to elevate its production capacity in India to surpass 60,000 tons per year.