ITPLAST Sett/Ott 2026 | Page 33

ECONOMY AND MARKET
MP3 and The ALP Group: Joint Venture to Expand in India and Asia-Pacific
MP3 and The ALP Group have signed a joint venture aimed at strengthening their presence in the Indian and Asia-Pacific markets. The agreement involves the production of high-quality extruded sheets destined for the thermoforming and furniture sectors. The ALP Group, a multinational company based in New Delhi and active since 1985, is globally recognized for manufacturing polymer solutions used in numerous fields, from automotive and construction to transport and thermal-acoustic insulation. The collaboration with MP3, an established company with 48 years of experience in the extrusion technology of technical plastics, aims to create a high-level industrial synergy. The new company will be headquartered
in the Indian capital and, in the initial phase, will be equipped with a dedicated extrusion line. Further investments are already planned to be implemented over the next two years, with the goal of increasing production capacity and supporting projected growth in the target markets. The alliance stems from a shared desire to combine industrial expertise, technical-commercial knowhow, and solid investment capabilities. The ambition is to establish themselves as a leading player internationally and build an industrial platform capable of offering superior quality products on a global scale. According to the companies involved, the joint venture represents not only a strategic agreement but also the beginning of a shared vision
oriented toward global expansion. Central to this will be the value delivered to customers, thanks
to the integration of skills and the sharing of high standards of quality and innovation.
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Italian technology plast / Jenuary 2010
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