Nilkamal Ltd Share Price Plastic products
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Promoted by the Parekh family, Nilkamal Plastics, incorporated in Dec.'85 as Creamer Plastic a private limited company, was converted into a public limited company in Jul.90. In Aug.'90, the name was changed to the present one. It is India's largest manufacturer of material handling plastic crates and a leader in moulded furniture. It is one of the companies to benefit from moulded plastic, which is fast replacing conventional materials in the manufacture of innumerable products. Today, using state-of-the-art machines and imported moulds from Europe, the company manufactures a range of products -- material handling crates, moulded furniture, houseware, multi-layer packaging films and custom mouldings. Nilkamal has been exporting its quality products since 1986 and has won several export awards. The company's has achieved ISO 9000 certification resulting in a consistent quality irrespective of whichever plant the material is produced. Its units are located at Sinnar in Maharashtra, Silvassa in Gujarat, Pondicherry and Noida in Uttar Pradesh. The company is in the process of setting up two new manufacturing units at Silvassa and another in West Bengal to cater to increased demand for its products. The company has set up a subsidiary in Sri Lanka to directly cater to the export market. The company is planning to get it's Pondicherry factory ISO-14001 certified in line with the policy of the company at Environment friendly.