This 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 ....
CENTURYPLY · price
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Century Plyboards' step-down subsidiary Century Adhesives & Chemicals Ltd has started commercial production at its new resin manufacturing unit in Naidupetta, Andhra Pradesh. This is a forward integration move where the company will now produce resin in-house, which is a key raw material for its adhesive and panel products. The new facility expands the company's manufacturing capabilities beyond its core plywood and MDF businesses. The unit became operational on 28th May, 2026. This vertical integration could help the company control input costs and improve supply chain reliability for its adhesive requirements.
Positive for the stock as it signals capacity expansion and potential cost savings through backward integration. However, the immediate financial impact on revenue or margins is not specified in this filing, so investors should monitor for updates on production utilization rates.