Scripscan:Mold-Tek Packaging Ltd
cmp:55
Code:533080
Story:Hyderabad-based Moldtek Packaging Ltd. (MPL) is a leading company in rigid plastic packaging with over 25% market share in Lube and Paint packaging segments. The Company has five ISO 9001:2008 certified plants consisting of state-of-the-art in-house Tool Rooms equipped with sophisticated Swiss and German machinery to design and produce complex molds. The Company is a domestic leader in injection molding with esteemed clientele like Castrol, Exxon, Shell, Nerolac, Amul and ITC (Foods Division), among other reputed companies in FMCG and Pharma segment. An innovation led company, Moldtek introduced Spout and In-Mold labeling for the paint and lube industry. Moldtek Packaging is the leader in manufacturing of plastic packaging products, including Pails. The Company specializes in both standard and made-to-order packaging solutions for leading brands in Paints, Lubricants, Pharmaceuticals, Cosmetics, FMCGs, etc.Based on a strong technological foundation, Moldtek has successfully broken away from its mould as a supplier to Paint and Lubricant industry and successfully forayed into the Food and FMCG space.The integrated IML manufacturing it created is going to take the company into a different growth orbit.With the Indian consumption story improving, and prospects of rapid growth in Paint, Lube & Food sectors, Moldtek's future looks bright. The company aims to emerge as a leader in packaging for these industries.
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