A new player for the Indian and Asia-Pacific markets
MP3 s.r.l. and The ALP Group are launching a new joint venture for the production of high-quality extruded sheets for the thermoforming and furniture markets.
The ALP Group is a multinational leader in the production of polymer products for sectors ranging from automotive to construction, from transportation to thermal and acoustic insulation. Headquartered in New Delhi, India and operating globally, ALP has been a benchmark for quality and expertise since 1985.
The goal of this ambitious partnership is to strategically position themselves as a key international player in the industry and develop a growth driver, with particular focus on the Indian and Asia-Pacific markets. To this shared goal, MP3 and ALP have chosen to combine their industrial expertise, technical and commercial know-how, and their respective solid investment capabilities. The joint venture between MP3 and ALP will be based in New Delhi, India, and its production capacity will include a dedicated extrusion line during the start-up phase. New investments have already been planned and will be implemented within the next two years.
This partnership represents a powerful synergy, combining MP3’s 48 years industry and technology expertise in extrusion of high quality engineered plastic with ALP’s manufacturing strength and global market reach, sharing commitment to operational excellence and highest product quality. Together, we are creating a powerful industrial platform to deliver unmatched product quality worldwide and enhance value to our clients.
We want to extend our deepest gratitude to the teams at both MP3 and ALP whose hard work and shared vision made this landmark agreement possible. For both teams, this is more than a partnership, but the beginning of a stronger global vision.
The future is bright, and we are just getting started!
