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BALMER LAWRIE-VAN LEER: A TOTALLY SAFE BET (is likely to make a turnover of Rs88 crore for a net profit of Rs4.7 crore in 2005-2006).

India Business Insight

| February 28, 2006 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Balmer Lawrie-Van Leer (BLVL) is a joint venture of the public sector unit Balmer Lawrie and USA's Royal Packaging Industries Van Leer NV of the USA.

The company is into manufacturing of steel drum closures, plastic containers, flanges and plugs. The company's factories are at Mahul in Mumbai and Turbhe in Navi Mumbai. BLVL is gaining from the impressive growth of the plastic drum market, particularly for industrial …

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