Century Plyboards plans to increase its MDF capacity to 1,800 cu.mt per day, up from 600 cu.mt per day now, with both greenfield and brownfield projects for about 850 crore.
The business is also considering establishing a greenfield factory in Punjab to manufacture plywood, with an anticipated expenditure of roughly Rs 200 crore.
Century Plyboards Chairman Sajjan Bhajanka said the projected facility, with a total capacity of 1 lakh sq m per day, is expected to be the country’s largest plywood operation.
“It will come up in two phases; in the first phase we will have 50,000 sq.mt a day and in the second phase, we will add another 50,000 sq.mt a day. We are in the process of purchasing land for the plant, ”Bhajanka said.
Century Plyboards plans to increase its MDF capacity to 1,800 cu.mt per day, up from 600 cu.mt per day now, with both greenfield and brownfield projects for about 850 crore.
The business is also considering establishing a greenfield factory in Punjab to manufacture plywood, with an anticipated expenditure of roughly Rs 200 crore.
Century Plyboards Chairman Sajjan Bhajanka said the projected facility, with a total capacity of 1 lakh sq m per day, is expected to be the country’s largest plywood operation.
“It will come up in two phases; in the first phase we will have 50,000 sq.mt a day and in the second phase, we will add another 50,000 sq.mt a day. We are in the process of purchasing land for the plant, ”Bhajanka said.
