New MDF plant from GreenPly starts production in India
GreenPly Industries produced the first board at its new MDF plant in Chittoor District, Andhra Pradesh, India on April 1, 2018. On its new line, Greenply produces 1,400 m³ of high-quality MDF per day. As raw material, mainly fast-growing woods such as eucalyptus will be used. According to the announcement, the 56 meters long production line has the Dieffenbacher CPS at the core. It is the longest continuous press in Asia. In the quarter ended on December 31, 2017 GreenPly Industries increased EBITDA margin to 16%. Earlier ...
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