{"id":25785,"date":"2021-12-29T13:48:23","date_gmt":"2021-12-29T08:18:23","guid":{"rendered":"https:\/\/plyinsight.com\/?p=25785"},"modified":"2022-01-03T11:23:00","modified_gmt":"2022-01-03T05:53:00","slug":"greenlam-announces-entry-into-plywood-particle-board-business","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/greenlam-announces-entry-into-plywood-particle-board-business\/","title":{"rendered":"Greenlam announces entry into plywood &#038; particle board business"},"content":{"rendered":"<h3 style=\"text-align: center;\"><span style=\"color: #008000;\"><strong>Greenlam announces entry into plywood and particle board business and to set ut its third laminate plant<\/strong><\/span><\/h3>\n<hr \/>\n<p><em><strong>To invest Rs.950 crores over 2-3 <\/strong><strong>years setting up Greenfield <\/strong><strong>manufacturing projects<\/strong><\/em><\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-25815 alignleft\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2021\/12\/Greenlam-industries.png\" alt=\"\" width=\"308\" height=\"142\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2021\/12\/Greenlam-industries.png 679w, https:\/\/plyinsight.com\/wp-content\/uploads\/2021\/12\/Greenlam-industries-300x138.png 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2021\/12\/Greenlam-industries-18x8.png 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2021\/12\/Greenlam-industries-600x277.png 600w\" sizes=\"auto, (max-width: 308px) 100vw, 308px\" \/>Committed to excellence in manufacturing and being a leader in providing surface solutions globally, Greenlam Industries has taken the next leap and decided to expand its portfolio by venturing into two adjacent categories-Plywood and Particle Board and also setting up third Laminate plant. This expansion will position Greenlam from a decorative surfacing company to a leading integrated wood panel player.<\/p>\n<p>The company will set up manufacturing facility at Naidupeta, Nellore in Andhra Pradesh and will invest in latest technology, equipment and new generation machinery to manufacture Particle Boards with a capacity of 231000 CBM per annum at an investment of Rs. 600 crores. The company shall set up laminate capacity of 3.5 mn sheets &amp; boards per annum at an investment of Rs. 225 crores.<\/p>\n<p><strong>Mr. Saurabh Mittal, MD &amp; CEO with team members at the manufacturing site<\/strong><\/p>\n<p>The Plywood manufacturing facility, based at Tindivanam, Tamil Nadu, will have a capacity of 18.9 mn sqm. per annum with a Capex of Rs. 125 crores.<\/p>\n<p>Greenlam expects to commence the commercial production of Ply wood &amp; Laminate by Q4FY23 and Particle Board by Q4FY24.<\/p>","protected":false},"excerpt":{"rendered":"<p>Greenlam announces entry into plywood and particle board business and to set ut its third laminate plant To invest Rs.950 crores over 2-3 years setting up Greenfield manufacturing projects Committed to excellence in manufacturing and being a leader in providing surface solutions globally, Greenlam Industries has taken the next leap and decided to expand its [&hellip;]<\/p>","protected":false},"author":1,"featured_media":25786,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1942],"tags":[1997,1998,838,1999,91,2000,2001],"class_list":["post-25785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-december-news-21","tag-greenlam","tag-greenlam-industry","tag-laminate","tag-particle-board-business","tag-plywood","tag-plywood-business","tag-surface-solution"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Greenlam announces entry into plywood &amp; 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