Chemco and Kandoi form ₹450 crore joint venture to launch rPET–based FIBC bag manufacturing facilities in Gujarat Mumbai, 15th May 2025 – In a landmark collaboration aimed at redefining sustainable packaging in India, Chemco Group, one of the country’s largest PET converters, and Kandoi Group of Industries, a leader in technical textiles, have announced a strategic joint venture to build two fully integrated greenfield manufacturing facilities in Vapi and Dahej, Gujarat. With a total investment of ₹450 crore, the initiative will focus on producing FIBC (Flexible Intermediate Bulk Container) bags […]
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