- Business
- Ddev Plastiks Industries Ltd. manufactures and sells a broad range of polymer and plastic compounds primarily for the wire and cable, packaging, footwear, construction, automotive, white goods, electrical appliances, and pipe industries; its core products include polyvinyl chloride (PVC) compounds for wires, cables, and construction; polyethylene (PE) compounds; cross-linked polyethylene (XLPE) compounds such as water tree retardant (WTR) XLPE, sioplas, semicon, peroxide, and extra high voltage (EHV) variants up to 66-72 kV; halogen-free flame retardant (HFFR) and cross-linkable HFFR (XL HFFR) compounds for solar and photovoltaic cables; anti-fibrillation and filled compounds with masterbatches for woven and cement bags; engineering plastic (EP) compounds; polypropylene (PP) compounds; footwear compounds; pipe compounds; and mineral filled compounds. The company, founded in 1977 and headquartered in Kolkata, India, operates seven state-of-the-art manufacturing plants with a total annual capacity of approximately 250,000 metric tons across West Bengal, Daman and Diu, Dadra and Nagar Haveli, and Silvassa, serving customers in over 55 countries worldwide while maintaining a subsidiary relationship with Bbigplas Poly Private Limited. Recent developments include a 2024 expansion of HFFR compounding capacity by 5,000 MTPA to reach 5,000 MTPA installed capacity with plans to scale to 20,000 MTPA by FY26; intensification of strategic focus on the cable segment through capacity expansions in PVC, HFFR, and XLPE compounds; debottlenecking initiatives; and new greenfield sites planned for east and west India in 2025 alongside further debottlenecking and building space for additional compounds capacity by 2026; the company also received third-party approval in 2022 for India's first locally produced WTR XLPE insulation compounds and introduced XL HFFR for solar cables in the same year, building on its 2023 demerger and BSE listing.