GreenPly Industries expects to commence commercial production at the company’s new MDF plant in Chittoor District, Andhra Pradesh, India, in June 2018. The new MDF plant has a capacity of 360,000 m3. GreenPly Industries produced the first board at its new MDF plant in Chittoor District on April 1, 2018. In the quarter ended on December 31, 2017 GreenPly Industries increased EBITDA margin to 16%. Earlier, GreenPly Industries, a leading Indian producer of plywood and MDF, considered de-merge of Greenpanel Industries ...
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