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INDIA'S TIME TECHNOPLAST IN JV WITH NETHERLANDS CO SAS.

AsiaPulse News

| June 08, 2009 | COPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, June 8 Asia Pulse - Indian plastic processing company Time Technoplast (BSE:532856) Friday said it has entered into an agreement with Netherlands-based Schoeller Arca Systems (SAS) for providing wide range of plastic made packaging and material handling solutions.

The products would be made through the joint venture with an initial investment of 10 million euro (US$13 million) and would be available in the Indian market before the end of this year, Time Technoplast said in a filing to the Bombay Stock Exchange.

"We recognise ...

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