Support and Resistance Levels
Past performance
About Fiberweb (India) Ltd Fiberweb (India) Limited, originally established as PVD Plast Mould Industries Limited in 1985, is a prominent manufacturer of Spunbond and Melt-blown Nonwoven Fabrics using polypropylene. The company shifted focus to non-woven fabrics in the early 1990s to cater to rising global demand and diversify its business model. It has two 100% export-oriented units producing waste-bags and non-woven polypropylene fabrics, with major clients including Hindustan Petroleum, BPCL, and Pidilite Industries. The company ensures product sales through buy-back arrangements with Corovin and partnerships in the US and Germany.
Declared a sick industry in 2007, Fiberweb underwent restructuring with IDBI as the Operating Agency. In 2017, it expanded its global presence by establishing Sheth Non Woven Trading FZE, a wholly-owned subsidiary in UAE's RAS AL Khaimah Free Trade Zone. Fiberweb's expansion and strategic partnerships underline its commitment to growth and market adaptation.