Century Plyboards (I) Ltd, one of the largest plywood manufacturers in the country is planning to set up a door manufacturing unit in collaboration with a world renowned Chinese Company. However, the company has not disclosed the name of the Chinese collaborator or the approximate involved in the project. Century Ply is also in the final stages of completing its MDF plant and commence production. The plant is coming up in Hoshiarpur in Punjab and the company is investing Rs 405 crore (Rs 4.05 billion) in this project.
The plant will have a capacity to manufacture 198,000 cubic metres per annum, thus making it to one of the largest MDF plants in the country. Also, the company expects to complete the expansion of additional 2 lines in its laminates unit within the current financial year. Century Plyboards (I) Ltd is one of the largest seller of multiuse plywood and decorative veneers in the Indian organized plywood market. The company is engaged in the manufacture of plywood, laminates, veneer, MDF, blockboards and doors.
The company 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.