Having created our branding in India, Asterix decided to make its mark overseas. On 09-May-2018, we signed up with Salalah Free Zone, Sultanate of Oman for setting up two manufacturing units at Salalah, Oman.
One is for the manufacturing of Unsaturated Polyester Resin, for supplying locally and export to GCC countries. The other unit is for the manufacturing of FIBC (Jumbo Bags) again for supplying locally as well as for export.
Mr. PavwanDroliaa, Chairman &Managing Director of Asterix Reinforced Ltd., signed the MOU with Mr. Awadh Salim Sahnfari, CEO of Salalah Free Zone, in the presence of Mr. Ahmed bin Nasser al Mehrzi, Minister of Tourism and Chairman of Salalah Free Zone and variousdignitaries.
The company is now working on setting up the plants at the earliest.
Production of SMC Moulding started
Taking the theme of forward integration further, commencement of SMC moulding started in February 2018. Initially the company has installed four SMC compression moulding hot press of various capacities.
The press and dies are made to order for the specific requirements of the company and the company has already bagged multiple orders for supply to power distribution companies spread across various states.
Forward Integration into SMC
In December the vision of the Company finally took shape. Forward integration, the way to move forward, took shape in the form of starting of the SMC unit.
State of the art SMC machine was imported and installed at Silvassa; with an installed capacity of 14600 Metric Tonnes per annum.
The machine is capable of producing various grades of SMC for multiple industries like Electrical, Power, Railways, Automobile, etc.
Second Resin Plant begins production
In these times of highly competitive business environment with the new GST laws in place and the market scenario being non-conducive for expansion, we at Asterix believed in ourselves and our Customers and Suppliers.
With the support of our Employees, Customers and Suppliers, we converted our goal into reality.
Asterix Reinforced Limited started production at its second Unsaturated Polyester Resin Plant, situated at Murbad, Thane, Maharashtra.
A state of art semi-automatic plant having an installed capacity of 13000 Metric Tonnes per annum.
With the addition of this second unsaturated polyester resin plant, the company is now having a total installed capacity of 28000 Metric Tonnes per annum.
We are now an ISO 9001:2015 certified Company
We are pleased to announce that we have added another feather in our cap! We are now an ISO 9001:2015 certified company. We thank our Management, Employees, Clients, Suppliers & Consultants who have been a wonderful support & motivation throughout this journey.
We hope to serve you better and maintain the rigid quality controls to ensure better products and support and service to all.