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India's Proposed Plastics Processing Hub Expected to Help Increase Consumption of Polymers

3:24 AM MDT | July 14, 2011 | Natasha Alperowicz

The Adani Group’s (Ahmedabad, India) Mundra Port and Special Economic Zone (MPSEZ) has made a proposal to set up a 200-acre plastics processing park at Mundra, India that will seek to attract investment of about R40 billion ($9 billion), according to senior officials of the industries ministry of the Indian state of Gujarat and the Adani Group. The park is expected to attract makers of polyvinyl chloride (PVC) pipes, packaging materials and plastic furniture, among others. Pankaj Modi, COO of MPSEZ says the company has submitted a proposal to the Union and...

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