Who is the largest manufacturer of water tanks?

15 Apr.,2024

 

Indian plastic company

Sintex (formerly known as The Bharat Vijay Mills Ltd and Sintex Industries Ltd) is the world's largest producer of plastic water tanks[8] and Asia's largest manufacturer of corduroy fabrics.[9][10][11][12]

The company operates in Europe, America, Africa, and Asia, especially in France, Germany, and the US. It primarily works with building materials, textiles, prefabricated structures, custom molding products, monolithic construction and water storage tanks.

In March 2023, it was announced that, in separate agreements, Sintex Industries Ltd. (SIL) and Sintex Plastics Technology Limited were acquired by Reliance Industries (RIL) and Welspun Group, respectively. After completing the purchase, RIL now holds 70% of SIL's share control and will manage the company jointly with Assets Care & Reconstruction Enterprise (ACRE).[13][14]

History

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Bharat Vijay Mills Limited was incorporated in June 1931 and started a composite textile mill in Kalol, Gujarat that same year. In 1975 it was renamed Sintex Industries Limited and was listed on the Mumbai Stock Exchange in 2000.[15]

Sintex[16] expanded significantly in the 2000s, including the acquisition of U.S.-based Wausaukee Composites. In 2007 the offshore holdings segment, Sintex Holdings BV Netherlands, acquired the automotive branch of Bright Brothers Ltd to form Bright Autoplast, also called Sintex BAPL,[17] and the French company Nief Plastics was acquired, to be later renamed Sintex NP. In 2015 Bright Autoplast signed onto a joint venture with Rototech Group to expand its coverage of automotive applications, calling the joint unit BAPL Rototech.[18]

In 2017 Sintex demerged, with its textiles business remaining under the name Sintex Industries Limited, while the plastics and prefab side became Sintex Plastics Technology Limited.

Sintex Industries Limited

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Despite strong initial showings after the demerger,[4] in June 2019 Sintex Industries was downgraded by CARE Ratings to "issuer non-cooperating" and defaulted on non-convertible debentures from Punjab National Bank.[19] Another default later that year precipitated a plea by Invesco Asset Management in December 2020 and Sintex Industries entered bankruptcy in April 2021.[20]

Sintex Plastics Technology Limited

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Sintex developed an anaerobic digester in 2008 that captures emissions from human waste for use as fuel or for generating electricity.[21]

Sintex began a campaign called ReviveOurRivers in October 2017 encouraging people to make a pledge to keep rivers clean.[22]

In August 2019, Sintex Plastics sold the entirety of subsidiary Sintex NP SAS to XTECH Invest.[23] The French unit was known as Nief Plastic SA before Sintex acquired it in 2007.[24]

In March 2021, Sintex Plastics reported a major fire at the Sanaswadi plant, part of the Sintex-BAPL material subsidiary.[25]

References

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5 Best Polyethylene Tanks Manufacturers In USA

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Here, you will get to know about the best polyethylene tanks manufacturers in the USA:

GSC Tanks:  GSC Tanks is a leading industrial storage tank supplier in the USA. Its specialty lies in manufacturing and supplying various storage tanks of different materials like high-density polyethylene, steel, alloy, fiberglass, and reinforced concrete. GSC Tanks has been supplying satiating services for decades at a reasonable cost to the customers. It has all trained and experienced professionals who help you to install your tanks efficiently. GSC tanks supplies tanks for food and beverages producers, chemical manufacturers or suppliers, mining operations, power generators, pulp and paper plants, and agricultural manufacturing.

Bushman Tanks:  Bushman Tanks has been investing heavily to provide the best quality storage tanks to the customers. The standard of quality of products is one of the important things which customers generally consider before purchasing tanks to fulfill the business requirements. Its specialty lies in providing quality products that would sustain for several years. It also offers 10 years guarantee for all types tanks which it supplies. All the factories of Bushman Tanks are accredited to manufacture tanks to the AS4766 quality standard. It ensures that customers would get the best products only.

Enduraplas tanks:  Enduraplas is one of the leading tank manufacturing company in the USA. It has been manufacturing and supplying tanks for more than fifteen years now. Enduraplas is a certified company providing high-quality polyethylene tanks to the customers at an affordable cost. The trained and experienced professionals help you to guide you which type of tank is going to help in your particular business. It manufactures tanks as per the requirements of the clients.

Custom Rotomolding Tanks:  Custom Rotomolding Tanks is another well-recognized tanks manufacturer in the USA. It has been delivering satiating services for decades now. It provides professional services at a very affordable price to the customers to fulfill specific needs.

  • Dura-cast Tanks:  Dura-cast manufactures durable, seamless, polyethylene tanks to store water and other chemical elements for a longer period of time. It also gives 3 years of manufacturer warranty to the customers. Its specialty lies in using UV inhibitors for sunlight protection in most the tanks. These poly storage tanks can be customized according to your particular specifications. It uses advanced technologies to provide high-quality storage tanks that too at a reasonable cost. The professionals are all well trained and experienced enough to guide you in a way.

Now, you have an idea of polyethylene tanks manufacturers in the USA. So, what are you waiting for? Choose the most suitable storage polyethylene tanks manufacturers in your locality.


Who is the largest manufacturer of water tanks?

5 Best Polyethylene Tanks Manufacturers In USA

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