Century Plyboards (India) Limited has informed the Exchange about General UpdatesThis is to inform you that the newly set-up resin manufacturing unit of the Company s step-down subsidiary Century Adhesives & Chemicals Ltd. at Naidupetta in Andhra Pradesh has successfully started its commercial production on 28th May, 2026.
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Century Plyboards' step-down subsidiary, Century Adhesives & Chemicals Ltd., has commenced commercial production at its newly set up resin manufacturing unit in Naidupetta, Andhra Pradesh. The production started on 28th May 2026. This is a forward integration move as resin is a key raw material used in plywood and adhesive manufacturing. The new unit will help the company gain better control over its supply chain and potentially reduce raw material costs.
This is a positive development for shareholders as it marks the successful completion of a greenfield expansion project. The new unit is expected to improve operational efficiency and reduce dependency on external resin suppliers, which could benefit margins in the long term.