Mitsu Chem Plast Limited: Company Biography

Company Overview

Mitsu Chem Plast Limited (MCPL) is an Indian plastic-processing and manufacturing company engaged in the production of blow-moulded, injection-moulded and customized plastic products. The company was incorporated on 23 September 1988, while its official corporate history states that commercial operations began in 1990. Its registered and corporate office is located at 329, Gala Complex, 3rd Floor, Din Dayal Upadhyay Marg, Mulund (West), Mumbai, Maharashtra – 400080, India. The company is listed on the BSE Limited under scrip code 540078.

Mitsu Chem Plast operates in the plastics manufacturing and processing industry. Its principal manufacturing activities include plastic articles used for industrial packaging and plastic furniture and components. The company's FY2023–24 BRSR reported plastic manufacturing as its principal business activity, with plastic packaging products representing the largest share of turnover.

Products and Services

The company's product portfolio is organized around moulded industrial packaging, hospital furniture parts, infrastructural furniture and automotive components. Its industrial-packaging range includes pail containers, jerry cans, open-top drums, narrow-mouth HDPE drums, wide-mouth drums and jars, and smaller plastic containers. The company also provides injection-moulded solutions for applications including agrochemicals, pharmaceuticals, diagnostics, cosmetics, consumables, bulk drugs and fine chemicals.

In healthcare, Mitsu Chem Plast manufactures plastic components for hospital furniture, including ABS panels, head and foot bows, side railings, bed-board planks, buffer wheels, bedside-locker components, over-bed-table tops and other hospital-bed accessories. Its website identifies Furnastra as an independent brand within the company's portfolio focused on hospital furniture parts.

The company also undertakes customized moulding and produces plastic components for furniture and automotive applications. Its manufacturing capabilities include blow moulding, injection moulding and custom moulding, allowing it to supply standard products as well as components developed for specific customer requirements.

Business Model and Target Customers

Mitsu Chem Plast follows a business-to-business manufacturing model, supplying plastic packaging and components to industrial and institutional customers. Its official FY2026 investor presentation identifies customer industries including pharmaceuticals, chemicals, food, agrochemicals, cosmetics, specialty chemicals, edible oils, flavour and fragrance, pesticides, FMCG, automotive and healthcare.

The company's operations combine manufacturing capacity with product development, customized moulding and value engineering. As of its FY2025–26 investor presentation, the company reported four manufacturing facilities, 51 blow-moulding machines, 22 injection-moulding machines and installed capacity exceeding 29,900 metric tonnes per annum.

Geographic Presence

Mitsu Chem Plast's manufacturing facilities are located in Maharashtra, including units at Tarapur and Khalapur. Its official FY2026 presentation also identifies a depot in Hyderabad serving customers in South India and a distributor network serving customers in North India. The company reported export presence in 17 countries in its FY2025–26 investor presentation.

The company's international activities include participation in overseas industry exhibitions and sales of its plastic packaging and healthcare-related products to international markets. Its FY2026 corporate presentation records participation in events in Dubai, Germany and Miami, in addition to domestic industry exhibitions.

Mission, Vision and Core Values

Mitsu Chem Plast officially states its mission as: “To create elevating experiences for the people associated with us and significantly impact the world we work in.” Its vision is to continuously challenge itself to innovate, create value for associated stakeholders beyond expectations and become a global company.

The company's published core values and principles include quality consciousness, customer delight, innovation, cost cutting without compromising on standards, environmental friendliness, value engineering and employee welfare.

Subsidiary and Brand

Mitsu Chem Plast's official FY2024–25 disclosures identify Mitsu Foundation, a Section 8 company, as its wholly owned subsidiary. The company states that the foundation is involved in community-oriented activities.

Furnastra is an officially identified independent brand within Mitsu Chem Plast's portfolio and is focused on hospital furniture parts.

Certifications and Recognitions

The company's FY2026 investor presentation identifies certifications and conformity marks including ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, ISO 45001:2018 for occupational health and safety management, and ISO 22000:2018 for food-safety management. It also identifies ISO 13485:2016 for medical-device quality management, together with PESO, CE, TFS and UN-related certifications or markings applicable to specified products and requirements.

The company has also reported recognitions including the Sustainability Leader of the Year award at the FICCI Awards 2024, Master of Risk – Manufacturing at the 11th India Risk Management Awards in May 2025, and the BRIT Best – West Region Award in Rigid Packaging for FY2023–24.