About Pyramid Technoplast Limited
Incorporated in 1998, Pyramid Technoplast is an industrial packaging company manufacturing polymer based molded products (Polymer Drums) used by chemical, agrochemical, speciality chemical and pharmaceutical companies for their packaging requirements. They are one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000 litre capacity IBC. IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. They also make MS Drums (mild steel). Presently, they have six manufacturing units.
Packaging is India's fifth largest industry and one of the fastest-growing businesses in the country. The sector is developing at a CAGR of 22% to 25%. The growth of polymer drums & HM-HDPE in India is owing to the rising demand for food & beverage products & ingredients, industrial packaging, chemical industry, pharmaceutical and others. India is home to several industrial facilities and warehouses that use industrial grade polymer drums. The India growth story will witness a trickle down effect on chemical and industrial packaging industry as well with emphasis on environment friendly materials in future.
Why To Invest in Pyramid Technoplast Limited
Leader in polymer and steel based industrial packaging materials, with six manufacturing plants in key locations. The proceeds will be used to repay outstanding debt and fund working capital requirements.
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