Industrial Visit Report Newgen Specialty Plastics Ltd
Visit Date: 25th August 2017
Class: PGDM 17-19 (Section-C)
Accompanying Staff: Prof. Sourabh Bishnoi
Class Representative: Sahil Guleria
Start Time: 10:35 am
Number of Students: 33
Company Name: Newgen Specialty Plastics Ltd.
Newgen Specialty Plastics Ltd. is a manufacturer located in Greater Noida, Uttar Pradesh. It basically deals in manufacturing variety of plastic products. It was founded in year 1996 by Mr. V.K Singh who also serves as a Managing Director of this company. It employs over 150 employees and has an annual turnover of about Rs. 100 crores. Newgen is globally acknowledged in the production of highly specialized polymer additives & compounds having diversified use in multifarious industries. It also manufactures specialized plastic products like plastic fuel tanks, plastic storage tanks, chemical storage tanks, insulated containers, material handling crates etc. It serves major industries like Cable, Defence, Automotive, Railways and Packaging. Most of their products like cellular PE compound, Zero Halogen Low smoke compound, XLPE-Roto, Antibacterial masterbatches, PPA with very high percentage of Fluro Elastomer are first of its kind in the country.
The group reached Newgen’s corporate office in Greater Noida at about 11:00 am. There we were briefed about the company and its products via a multimedia presentation about the company. There we also got the chance to see different products manufactured by the company as all products were displayed in the multimedia hall.
Next, we visited their manufacturing facility which was about 15 minutes’ drive from their corporate office. There we were shown manufacturing process of plastic pallets. It was being done in a roto-molding machine using LDPE (low density poly ethylene) material. Plastic powder was fed into the mold manually by workers and then the roto-molding process starts. After the process is completed, final product which is a plastic pallet is ejected manually by the labor from its mold. After ejecting, this product is sent to the other section where plastic flash sticking at the sides is removed and proper finishing is given to the product. Next, it is finally stored in the finished goods area. We were also shown the filling area where a special plastic compound was being filled into the insulating containers. This is achieved through use of special jigs/fixtures depending upon the shape & size of a product. Finally, the visit ended with a group photograph.