Thursday, Apr 25 2024 | Time 06:48 Hrs(IST)
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Business Economy


CPP eyes annual turnover of Rs 300 cr by 2024 in FRP segment

Mumbai, Jul 23 (UNI) In a move towards creating a sustainable impact, Chemical Process Piping (CPP), a 60-year-old and India’s premiere industrial piping solutions company that pioneers in manufacturing GRP and FRP-based pipes, announced on Saturday the implementation of FRP (fibre-reinforced plastic) stack in FGD plant set up by BIFPCL -- Bangladesh India Friendship Power Company Ltd, which is a joint venture of 50:50 sharing by India state-owned National Thermal Power Corporation and Bangladesh Power Development Board.
With ongoing domestic and international projects, CPP is eyeing to reach Rs 300 crore annual turnover by 2024 which is first in the FRP sector for a pureplay FRP Piping company.
The company exports to countries like Germany, Singapore, USA, France, Finland, Spain, Belgium, Italy, Kuwait, Bahrain, Malaysia, Thailand, Indonesia, Australia, Jordan, Saudi Arabia, Canada, etc.
The core industries CPP caters to are power, desalination, chemicals, oil & gas, and metallurgy, a release stated here.
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