BORANA PLASTICS LTD
 
Importers and Merchant Exporters of Polymers and its Products

In Conversation

Polymerupdate : When did your family business start ?

Mr. Manish Borana : Since early times, my grandfather, Mr. Chandanmal R. Borana had been in the business of acrylic sheets. My father, Shri Baboolal Borana started the reprocessing of plastics, manufacturing and trading in 1967. In 1969, we registered ourselves as a partnership firm under the name M/s Borana Plastic. In 1970, we started the import of plastic raw materials in small quantities. In 1988, we became a deemed public company.

Polymerupdate : How did the business expand from there ?

Mr. Manish Borana : From the late seventies and till the end of the nineties we served many domestic companies as consignment stockists. The chief amongst them were M/s. SRF for whom we worked as consignment stockists from 1980 to 1998 for the Nylon 6&66 , M/s. Oswal Petrochemicals from 1988 to 1997 for LDPE and M/S. GAIL from 2000 to 2002. In 1984, we were appointed as agents for celcon acetone copolymer by Hoechst Celanese Corporation.

Polymerupdate : Which International Company's products you Import in India ?

Mr. Manish Borana : We Import all kind of Polymers from M/s. Saudi Basic Industries Corporation (SABIC) , M/s. EXXONMOBIL CHEMICAL, M/s. QATAR PETROCHEMICAL CO. (QAPCO), M/s. MITSUBISHI CORPORATION, M/s. TITAN POLYETHYLENE, M/s. NOVACOR. We are trading in specialty grade of LLDPE (metallocene) used in the packaging industry.  

Polymerupdate : When was trading activity started by your company ? 

Mr. Manish Borana : We started trading activities in year 1980. The name of our company changed from Borana Plastic Pvt Ltd to Borana Plastic Ltd in 1992. We entered merchant export business in 2003 with the export of LD Polyehtylene Sheets, Bags, garbage bags, Christmas Bags, Stone Bags.

Polymerupdate : What is the export market for your company ?

Mr. Manish Borana : We export to all major European countries, USA and Australia.

Polymerupdate : How would you view the future of the plastics industry ?

Mr. Manish Borana : The future of the plastics industry is very bright. The market for products like metallocene LLDPE in the next five years will supercede the LDPE and LLDPE market. The consumption of metallocene is increasing by 50 percent every year. Major application for this polymer product is in the field of multilayer films.

Polymerupdate : What difference do you find in the polymer business over a period of years ?

Mr. Manish Borana : The market has become competitive with professionalism and better means of communications. The Indian Government Policy & the banking sector has also helped the plastic industry.

Polymerupdate : Kindly elaborate the various social activities undertaken by Shri. Baboolal Borana during his lifetime

Mr. Manish Borana : Shri Baboolal Borana has been a trustee in many Jain Temples and very active in all social programmes of the JAIN community, Treasurer in BHARTIYA JANTA PARTY (BJP MUMBAI), President of ALL INDIA PLASTIC DEALERS ASSOCIATION, Active Life member of AIPMA.