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Chemco, Kandoi Group to invest Rs 450 crore for packaging units in Gujarat

Chemicals  -  May 16,2025  - 

Chemco Group and Kandoi Group of Industries have announced a partnership to establish two advanced greenfield manufacturing units in Gujarat, with a combined investment of Rs 450 crore. 

These facilities, to be located in Vapi and Dahej, are designed to offer an end-to-end solution for recycling and converting PET (Polyethylene Terephthalate) bottles into high-performance industrial packaging.

The units will implement a closed-loop production system—from PET bottle collection and washing to tape extrusion, weaving, and final bag fabrication.

One of the key highlights of the initiative is its scale and ecological focus. The plants will recycle over 10 million PET bottles daily, totaling about 3.6 billion annually. Moreover, the facilities will be powered entirely by renewable energy sources, positioning them as low-carbon alternatives to conventional polypropylene and polyethylene packaging.

Chairman of Chemco Group Ram Saraogi said,“By transforming everyday PET waste into high-performance industrial packaging, we want to create value not just for businesses, but for communities and the environment."

Company : Chemco Group

Kandoi Group of Industries