Platinum Industries CMD on IPO, sustaining financials, and ambitious expansion plans - News Summed Up

Platinum Industries CMD on IPO, sustaining financials, and ambitious expansion plans


In response to the evolving demands of both the domestic and international markets, Platinum Industries is embarking on an ambitious global expansion plan. : Our financial performance from FY20-23 is a testament to Platinum Industries’ strategic foresight and operational excellence.To sustain and build upon these numbers, we are adopting a multi-faceted strategy. : A significant portion of the IPO proceeds is designated for the capital expenditure requirements of establishing a state-of-the-art manufacturing facility for PVC Stabilizers in Palghar, Maharashtra. Egypt stands out as one of the largest consumers of PVC stabilizers in the African continent, yet it lacks local manufacturers for these critical components. Ultimately, Platinum Industries seeks to not just respond to the market but to shape its future, creating value for our customers, stakeholders, and the planet.


Source: The North Africa Journal February 27, 2024 11:32 UTC



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