Century Plyboards (India) Limited has informed the exchanges that its step-down subsidiary Century Adhesives & Chemicals Ltd. has commenced commercial production at its newly set-up resin manufacturing unit. The facility is located at Naidupetta in Andhra Pradesh. The unit started commercial operations on 28th May, 2026.
The newly commissioned facility is dedicated to resin manufacturing for captive consumption. Resin is an essential raw material used in the production of plywood and laminates. The backward integration is expected to reduce the company's dependence on external suppliers for this key input.
Century Adhesives & Chemicals Ltd. is a step-down subsidiary of Century Plyboards (India) Limited. The board had approved the setting up of the resin unit to support the group's manufacturing requirements. The unit will cater to the adhesive and chemical needs of the group's production facilities.
Century Plyboards (India) Limited is one of India's largest plywood manufacturers with a presence across multiple wood panel categories. Century Plyboards operates manufacturing plants in West Bengal, Andhra Pradesh, Punjab, Gujarat, and other locations across the country. Its product portfolio includes plywood, laminates, veneers, particle boards, medium-density fibreboards, and decorative veneers.
Century Plyboards serves customers across retail and project segments through a wide distribution network in India and international markets. Century Plyboards (India) Limited was incorporated in 1984 and is promoted by the SPS Group. Its shares are listed on the BSE and the National Stock Exchange.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.