Ahmedabad, 19th February, 2015: Two prestigious awards have been conferred upon Milacron for its excellence during 7th Plasticon Awards organised by Plastindia Foundation. Milacron has been announced winner and awarded Gold Trophies in two categories, viz., 1) Innovative Plastics Processing Machinery & Ancillary; and 2) Fastest Growing Enterprise - Plastic Processing Machinery & Ancillaries.

During the Plasticon Awards held at Mahatma Mandir, Gandhinagar, the award trophy was received by Mr Jigish Shah, VP Technology and New Product Development, for Innovative Plastics Processing Machinery & Ancillary and in other category, Fastest Growing Enterprise - Plastic Processing Machinery & Ancillaries, the award was received by Mr Shirish Divgi, MD, Milacron India.

On receiving the award, Mr Jigish Shah, has conveyed, "Innovation is one of our core values and strength too. Innovation helps an organisation to stay ahead of the competition and helps its customers to lead in their businesses."

Milacron has demonstrated injection moulding machines, reciprocating blow moulding machine and extruder. One of the three exhibited injection moulding machines, All Electric, Elektron 200 was demonstrating IML-TWIM Round Container production. Elektron 450 (All Electric machines) was the nomination from Milacron for the category of Innovative Plastics Processing Machinery & Ancillary.

"I am going through a mixed feeling of pride and responsibility. I am proud of consistent growth rate and this was achieved because of the teamwork and continuous trust of our customers. It also put onus to perform better in years to come, as our competition is with none other than our own manufactured machines, as we have to raise the benchmark of performance level," said Mr. Divgi.

Milacron has shown above 20% CAGR growth in last 5 financial years. The growth is because of various factors contributed in domestic market and international markets.

Milacron, LLC, is majority owned by affiliates of CCMP Capital Advisors, LLC and is committed to being the leading suppliers of plastics-processing technologies and industrial fluids around the world.

Ferromatik Milacron India is part of Milacron LLC, USA, global leader in business areas of plastics processing technologies, metal working fluids and precision machining.