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Astral Plans Entry Into Newer Categories After Acquisition

Astral Poly’s latest acquisition is expected to grow at 25-30% over the next five years.

Isha Arora
Steel pipes sit on a truck (Photographer: Tomohiro Ohsumi/Bloomberg)

Pipe and adhesive maker Astral Polytechnik Ltd. plans to enter the double-wall corrugated category through its acquisition of corrugated and plastic pipe maker Rex Polyextrusion Pvt. Ltd., its Chief Financial Officer Hiranand Savlani told BloombergQuint.

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