Plasticon recognizes Milacron for Innovation and Fastest Growth

February 19, 2015

Ahmedabad, 19th February, 2015: Two prestigious awards have been recently been awarded to Milacron for its excellence during the 7th Plasticon Awards organized by the Plastindia Foundation. Milacron was announced as a winner and awarded Gold Trophies in two categories, namely,

  1. Innovative Plastics Processing Machinery & Ancillary
  2. Fastest Growing Enterprise - Plastic Processing Machinery & Ancillaries

During the Plasticon Awards held at Mahatma Mandir, Gandhinagar, the award for Innovative Plastics Processing Machinery & Ancillary was received by Mr. Jigish Shah, VP Technology and New Product Development, and the award for Fastest Growing Enterprise - Plastic Processing Machinery & Ancillaries was received by Mr. Shirish Divgi, MD, Milacron India.

On receiving the award, Mr. Jigish Shah, conveyed, "Innovation is one of our core values and strengths. Continuous focus on innovation has helped our organization stay ahead of the competition and our customers lead in their markets."

Milacron demonstrated Injection Moulding Machines, a Reciprocating Blow Moulding Machine and an Extruder. One of the three exhibited Injection Moulding Machines, the All Electric Elektron 200 was demonstrating IML-TWIM Round Container production. The Elektron 450 (All Electric machines) was nominated for the category of Innovative Plastics Processing Machinery & Ancillary.

"I am going through mixed feelings of pride and responsibility. I am proud of our consistent growth rate which was achieved because of the teamwork and continuous trust of our customers. It also put onus on us to perform even better in the years to come, as we raise the benchmark for performance levels", said Mr. Divgi.

Milacron has shown over 20% CAGR growth in last 5 financial years. The growth is because of various factors contributed by both domestic and international markets.

About Milacron LLC
Milacron, LLC, is majority owned by affiliates of CCMP Capital Advisors, LLC and is committed to being the leading suppliers of plastics-processing technologies and industrial fluids around the world. The people of Milacron's companies know what matters in manufacturing, and every day, put this know how to work to help customers improve productivity, cut costs, increase energy efficiency, eliminate scrap and reduce cycle times. For more information, visit www.milacron.com.

About Milacron India
Milacron India is part of Milacron LLC, USA, a Global Leader in business areas of Plastics Processing Technologies, Metal Working Fluids and Precision Machining with group revenue in excess of US$ 1.2 Billion supported by manufacturing credentials accrued over 130 years.

Milacron India is the leading manufacturer of Plastics Injection Moulding Machines & Blow Moulding Machines in India, serving the entire gamut of Plastic Applications in 40 countries across the world in SAARC, Middle East,Africa and the USA. Established in 1995, Milacron India offers a Full Range of Injection Moulding Machines from 50 Ton to 3200 Ton with capacity to manufacture 2100 machines per annum and PAN India Sales & Service Offices in major cities and industrial towns across the country. It is accredited to the Export House Status and is an ISO 9001:2008 and ISO 14001:2004 certified company adhering to World Class Quality Standards. For more information, visit www.milacronindia.com

Press Contact
Neeraj Sharma
Milacron India
+91 79 6134 1760
neeraj_sharma@milacron.com


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