About Mitsu Chem Plast Limited

Founded in 1990, Mitsu Chem Plast Limited has become a leading player in the manufacturing of high-quality plastic products, specializing in blow molding, injection molding, and customized molding solutions. The company offers a diverse range of products catering to industries such as packaging, healthcare, automotive, and infrastructure. Mitsu Chem Plast has evolved significantly, expanding its production capacity with state-of-the-art facilities in Tarapur and Khalapur, and launching a new facility in 2019. Mitsu Chem Plast’s commitment to innovation is evident in its expansion into new product lines and its continual focus on high-value, specialized offerings.

Mitsu Chem Plast Limited Business Segments

Mitsu Chem Plast operates across three primary business segments:

• Molded Industrial Packaging: The company’s most significant vertical, contributing 86.19% to its revenue. This includes products like containers, drums, pallets, and totes, primarily for the chemical, pharmaceutical, and food processing industries.

• Hospital Furniture Parts: With an 11.55% contribution, Mitsu Chem Plast manufactures hospital furniture components, ensuring adherence to stringent healthcare standards.

• Infrastructure & Others: Contributing 2.26%, this segment includes specialized infrastructure products like school and public space furniture.

Mitsu Chem Plast Limited Key Management

Mitsu Chem Plast is led by a team of experienced professionals:

• Jagdish Dedhia – Chairman & Whole-Time Director

• Sanjay Dedhia – Managing Director

• Manish Dedhia – Managing Director & CFO

• Swechha Shende – Company Secretary

Latest Updates on Mitsu Chem Plast

In the last financial year, Mitsu Chem Plast made significant strides in several key areas:

• Expansion: The company completed a rights issue raising ₹21.68 crore and launched a new brand, Furnastra, dedicated to hospital furniture parts.

• Sustainability Initiatives: Mitsu Chem Plast issued its first sustainability report, aligning its operations with global sustainability goals.

• Product Innovation: The company introduced a new product line, the Pail Container, which has been well-received for its robust, secure sealing.

Awards and Certifications: The company’s manufacturing units are certified with ISO 9001:2015, ISO 13485:2016, and other quality standards.