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Ecoplast > Company History > Packaging > Company History of Ecoplast - BSE: 526703, NSE: N.A
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Ecoplast
BSE: 526703|ISIN: INE423D01010|SECTOR: Packaging
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Company History - Ecoplast
The Company was incorporated on 7th May, 1981 as Ecoplast Private Ltd.
 The name of the Company was changed to Ecoplast Limited on 18th June,
 1994, for which a fresh Certificate of Incorporation was issued by
 the Registrar of Companies, Gujarat on 11th July, 1994.
 
 The Company-commenced its commercial operation in Sept. 1982, with a
 plant of annual capacity of 54OMT.  The Company was initially
 registered as an SSI Unit.The Company expanded its capacity in 1986
 to 1400 MT/year and was registered as a DGTD Unit.  Subsequently the
 capacity was increased to 2000 MT/year.  The two Co-extrusion lines
 were supplied by Paul Kiefel, GmbH, W.Germany, a well-known supplier
 world- wide of film Co-extrusion equipment.
 
 Over the decade, the Company has been setting standards on quality
 and innovating on multilayer film structures to provide the required
 film properties critical to pack, preserve and display a wide range
 of products.
 
 Present Activities
 
 Ecoplast Ltd. is in the business of manufacturing and selling plastic
 films for flexible packaging and other speciality applications. The
 films currently manufactured are known as multilayer films produced
 by the blown film Co-extrusion process. Multilayer films are a
 combination of two or more thermoplastics co-extruded to form one
 homogenous film, but with distinct individual layers.  Multilayer
 films, depending on their structure, can provide a range of
 properties not possible with monolayer films.  The selection and
 composition of the multilayer film is determined by the character of
 the product to be packed, its sensitivity to the environment, the
 optimum shelf life, the machinery or method of packaging,
 transportation and channel of merchandising.
 
 The Company is a leading supplier of multilayer films to the Indian
 flexible packaging industry. The Company also provides technical
 advise and service to make its customers' products successful in the
 market place. (*Source : Organisation of Plastic Processors of India
 vide their letter dated 29/07/1994).
 
 2003
 
 -Board approved Delisting of Equity shares of the company from the
 Stock Exchange at Ahmedabad.
 
 2005
 
 -Ecoplast has recommended a dividend of 15% 
 
 2007
 
 -Surface Protection Film Project has been successfully commissioned
 and commercial production have started from September 22, 2007.
 
 2008
 
 -The company has designated E-mail ID for Investor Complaints:
 brtarafdar@ecoplastindia.com.
 
 2012
 
 -The company has recommended Dividend of @ 12%
Source : Dion Global Solutions Limited
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