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History of Promact Plastics Ltd.

Promact Plastics Limited was incorporated on 25th March, 1985 as a Private Limited Copmpany vide the incorporation certificate No.7746 in the name & style of Promact Plastics Pvt limited at Ahmedabad & subsequently converted into a Public Limited Comp. vide a special resolution passed on 15th February, 1993 & a certificate to that effect was obtained from the office of Registrar of Companies, Gujarat, on 24th March, 1993.

The Comp. is presently engaged in the manufacture of Synthetic woven sacks of HDPE/PP. The project was appraised by Gujarat Industrial and Technical Consultancy Organisation limited The Comp. started commercial production in the year 1986-87 with an installed capacity of 300 tpa. In 1988-89 & 1989-90 the Comp. achieved a capacity utilisation of 81%. In 1989-90, the plant was modernised by way of installing a T-Die Tape Line in place of normal Extrusion Tape Line increasing the installed capacity to 532 tpa. The Comp. was able to achieve 100% capacity utilisation on the enhanced capacity in the year 1990-91. In 1991-92, the Comp. added one more tape line to increase the installed capacity to 1,200 tpa. In 1992-93, the Comp. has been able to achieve more than 100% capacity utilisation on the increased capacity.

The Comp. doesn't have any subsidiary

The Comp. has been promoted by Shri Naranbhai N Patel.