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Kanpur Plastipack Limited ( (IN:KANPRPLA) ) has provided an update.
Kanpur Plastipack Limited has entered into a joint venture agreement with Essegomma S.p.A., Italy, to form a Joint Venture Company in India. This collaboration aims to leverage Essegomma’s expertise in Taslan yarn technology and Kanpur Plastipack’s manufacturing capabilities to produce and supply high-performance polypropylene yarn. The joint venture is expected to diversify Kanpur Plastipack’s product portfolio and create new opportunities in global markets, particularly in technical and luxury textiles.
More about Kanpur Plastipack Limited
Kanpur Plastipack Limited is a manufacturer and exporter specializing in products such as Flexible Intermediate Bulk Containers (FIBC), polypropylene multifilament yarn, UV master batches, fabrics, and CPP films. The company is focused on enhancing its technological capabilities and expanding its market reach in the global technical and luxury textile sectors.
Average Trading Volume: 2,212
Technical Sentiment Signal: Buy
Current Market Cap: 4.72B INR
Learn more about KANPRPLA stock on TipRanks’ Stock Analysis page.