Ester CEO Signals Strong Demand Cycle; Specialty Push to Drive Future Growth

Ester Industries is seeing a structural upturn, with regulatory tailwinds and tightening supply-demand dynamics set to boost growth and margins, CEO Vaibhav Jha told NDTV Profit. He pointed to India’s PWMR rules driving demand for recycled PET and BOPET films, alongside stable capacity additions and potential anti-dumping duties. Jha said the industry can pass on higher raw material costs, while the company accelerates its shift towards higher-margin specialty products and recycling-led investments.