Greenpanel Industries Ltd

Greenpanel Industries Limited was incorporated on 13th December 2017. The Company is primarily involved in manufacturing of plywood, medium density fibre boards (MDF) and allied products.The Company is Indias largest manufacturer of wood panels. The stateoftheart manufacturing plants in Uttarakhand and Andhra Pradesh make topquality Medium Density Fibreboard (MDF), Plywood, Decorative Veneers, Flooring and Doors. Greenpanel MDF is made with 100% renewable agroforestry wood. Greenpanel, previously known as Green Panelmax, is the largest manufacturer of MDF in India and is the largest manufacturer of MDF in Asia. Its manufacturing plants have a combined annual capacity of more than 5,88,000 cubic meters of MDF. This is complemented by robust distribution network of 3,000+ outlets spread across the country. The Company invested in two stateoftheart manufacturing facilities comprising European technology. The Companys plants are located in Rudrapur (Uttarakhand) and Srikalahasti (Andhra Pradesh), the latter being arguably the largest MDF plant in the world.The Medium Density Fibreboard is an engineered wood manufactured with hardwood fibres, bonded together under high pressure and temperature (up to 240 degrees Celsius) with synthetic resin and wax. Greenpanels MDF is respected for a high uniform density, making it strong, durable and ecofriendly. The Greenpanel veneers offer an exclusive range of unique and exotic designs. The Greenpanel wood floors are customized around Indian conditions. It protect against dust, scratches and extreme climatic changes. The Greenpanel doors possess high dimensional accuracy and stability. The Greenpanel plywood are customized around a range of applications manufactured on new age equipment. The Greenpanel commercial doors are especially designed for enhanced strength and security. They can be customized to add visions, louvers, special hinges, locks and rails. Provisions can be made for doubleleaf doors of equal or unequal shutter sizes.The Company distributed masks, hand sanitizers, bleaching power, vegetables and refined oil to surrounding villages as well as health workers. It has placed an order for a paper Impregnation unit to address the increased market demand for pre laminated boards.In 2010, the Company launched Green Panelmax. The Company commenced production at the most modern MDF plant in India at Pantnagar, Uttarakhand.In 2014, the Company launched Green Floormax Wood Floors.In 2015, the Company commenced exports operation in Singapore.In 2016, the Company commissioned a second MDF plant at Srikalahasti, in Andhra Pradesh.In 2018, the Company commenced production at Asias largest MDF plant in Andhra Pradesh.In 2019, the Company demerged its business from Greenply to become Greenpanel Industries Limited. The Company presently focuses on the manufacture, distribution and marketing of MDF and related interior infrastructure products.In 2020, the Company grew the business attractively despite the pandemic impact.