en.Wedoany.com Reported - Century Plyboards (India) Limited announced that its indirect subsidiary, Century Adhesives and Chemicals, has commenced commercial production at its new resin manufacturing plant in Naidupeta, Andhra Pradesh, on May 28, 2026. The commissioning of this resin plant is a key initiative for the group to enhance raw material self-sufficiency and strengthen the supply chain system in the southern market.
As the primary bonding material for wood products such as plywood and laminates, the stable supply of resin has a decisive impact on product quality and performance. By establishing the new resin plant, Century Plyboards aims to reduce dependence on external suppliers, enhance operational control, and improve product quality consistency. The group previously announced plans to build a new factory in Andhra Pradesh, which is expected to generate revenue of 70-80 billion rupees.
The location of Century Adhesives and Chemicals' new resin plant in Naidupeta, Andhra Pradesh, enables the group to better serve the southern market. Currently, the southern region of India is experiencing rising demand for plywood, laminates, and interior building materials, driven by residential development, commercial projects, and growth in infrastructure investments. The commercial launch of this resin plant coincides with this market expansion period.
Century Plyboards has recently demonstrated strong financial performance. The company's operating revenue over the past 12 months was approximately 539.718 billion rupees, representing a year-on-year increase of over 19%, while net profit reached 26.27 billion rupees, up nearly 42% year-on-year. Industry analysts believe that extending upstream into resin manufacturing helps the company improve cost efficiency and reduce procurement risks associated with fluctuations in chemical raw material prices.
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