Orissa will have have the Advanced Plastic Processing Technology Centre (APPTC) at Balasore which will be equipped with the state of the art of plastic processing machinery to cater to the Technology Support Services of not only the existing plastics Industries situated in the around Balasore but also the upcoming industries.
The foundation stone for establishment of APPTC was laid by Srikant Kumar Jena, Minister of State for Chemicals & Fertilizers and Naveen Patnaik, Chief Minister of Orissa was the Chief Guest at the event.
With the support of Govt. of India and Govt. of Orissa, Advanced Plastics Processing, Technology Centre (APPTC) is being established by Central Institute of Plastics Engineering and Technology (CIPET) at Balasore, at a total project cost of Rs.15.00 crore which is being shared equally by both Central and State Govt. While land and infrastructure facilities are being provided by the Govt. of Orissa and Plant & Machinery and 50% cost towards recurring expenditure is met through the funds of Govt. of India. As a first step, prior to establishment full-fledged centre (APPTC) at Balasore, a computer aided plastics processing simulation centre has been established at Industrial Estate, Balasore.
Srikant Kumar Jena informed that Balasore is very strategically located in between two upcoming PCPIRs at Nayachar, Haldia and Paradeep, Orissa. There is potential for Balasore to be the Hub of Plastics Industrial Corridor stretching on the East Coast of India. Establishment of APPTC at Balasore will act as catalyst to stimulate the growth of plastic industries in general and plastics processing industries in particular.
M. Raman, Secretary, Chemicals & Petrochemicals said that the proposal of Govt. of Orissa to set up a PCPIR at Paradeep has been recommended by the High Powered Committee and final approval is expected shortly. He further added that the total employment generation from the OPCPIR is expected to be about 6,48,000 persons comprising direct employment to 2.27 lakh persons and indirect employment to 4.21 lakh persons.
The foundation stone for establishment of APPTC was laid by Srikant Kumar Jena, Minister of State for Chemicals & Fertilizers and Naveen Patnaik, Chief Minister of Orissa was the Chief Guest at the event.
With the support of Govt. of India and Govt. of Orissa, Advanced Plastics Processing, Technology Centre (APPTC) is being established by Central Institute of Plastics Engineering and Technology (CIPET) at Balasore, at a total project cost of Rs.15.00 crore which is being shared equally by both Central and State Govt. While land and infrastructure facilities are being provided by the Govt. of Orissa and Plant & Machinery and 50% cost towards recurring expenditure is met through the funds of Govt. of India. As a first step, prior to establishment full-fledged centre (APPTC) at Balasore, a computer aided plastics processing simulation centre has been established at Industrial Estate, Balasore.
Srikant Kumar Jena informed that Balasore is very strategically located in between two upcoming PCPIRs at Nayachar, Haldia and Paradeep, Orissa. There is potential for Balasore to be the Hub of Plastics Industrial Corridor stretching on the East Coast of India. Establishment of APPTC at Balasore will act as catalyst to stimulate the growth of plastic industries in general and plastics processing industries in particular.
M. Raman, Secretary, Chemicals & Petrochemicals said that the proposal of Govt. of Orissa to set up a PCPIR at Paradeep has been recommended by the High Powered Committee and final approval is expected shortly. He further added that the total employment generation from the OPCPIR is expected to be about 6,48,000 persons comprising direct employment to 2.27 lakh persons and indirect employment to 4.21 lakh persons.
