Century Plyboards (I) Ltd is planning to set up a door manufacturing unit in collaboration with a world renowned Chinese Company. The money that is involved in the project or name of the Chinese collaborator has not been disclosed by the company. A new MDF manufacturing plant by Century Ply is also in the process of starting up at Hoshiarpur in Punjab and should commence production by end June 2017. The company has invested Rs 405 Crore (Rs 4.05 billion) in this project. Owing to its manufacturing capacity of 198,000 cubic metres per annum, it is one of the largest MDF plants in the country. The company is also expected to complete expansion of an addition of two lines in its laminates unit within current financial year.
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Century Plyboards (I) Ltd is one of the largest selling companies in the field of multi-use plywood and decorative veneers in the Indian organized plywood market. The company, which is engaged in the manufacture of plywood, laminates, veneer, MDF, blockboards and doors, has seven manufacturing units at Joka (West Bengal), Guwahati (Assam), Kandla (Gujarat), Chennai (Tamil Nadu), Karnal (Haryana) Roorkee (Uttarakhand), and Myanmar. The Myanmar and the Roorkee units are held through subsidiaries.