Mitsu Chem Plast Limited (BSE: 540078), a leading Indian manufacturer of polymer-based molded products, has outlined plans to commence manufacturing operations at a new facility in the MIDC Industrial Area, Boisar, Taluka Palghar. The proposed unit forms part of the company’s long-term expansion strategy and has been taken on a leave-and-license basis to support growing operational requirements.
At present, Mitsu Chem Plast operates three manufacturing facilities—two at Tarapur and one at Khalapur—with a combined installed capacity exceeding 29,000 metric tonnes per annum. As of the quarter ended September 2025, overall capacity utilisation stood at approximately 68%, reflecting sustained demand across product segments. The proposed Boisar facility is expected to add around 900 metric tonnes per annum to the company’s total manufacturing capacity.
To enable the expansion, the company plans to invest approximately ₹101 lakh towards the acquisition of new machinery, funded entirely through internal accruals. The additional capacity is expected to enhance production flexibility, improve responsiveness to customer demand, and support incremental volumes without placing undue pressure on existing facilities.
Commenting on the development, Jagdish Dedhia, Chairman of Mitsu Chem Plast Limited, said the proposed commencement of operations at Boisar represents a planned step forward in the company’s growth journey. He added that the expansion will help improve delivery timelines, strengthen manufacturing agility, and support the company’s objective of building a scalable and dependable production platform.
Mitsu Chem Plast Limited is a certified manufacturer of polymer-based molded products, serving industries such as industrial packaging, healthcare, infrastructure, and emergency handling solutions. Its product range includes industrial plastic packaging, hospital furniture components, infrastructure furniture parts, and rescue and safety equipment.
The company primarily supplies to OEMs across sectors including chemicals, pharmaceuticals, agrochemicals, diagnostics, healthcare, and infrastructure. Founded over 35 years ago with its first plant in Tarapur, the company today operates three manufacturing facilities in Maharashtra. In FY25, Mitsu Chem Plast reported revenues of ₹332.88 crore, EBITDA of ₹23.28 crore, and a profit after tax of ₹7.25 crore.
