Century Plyboards (India) Limited announces launch of Firewall Technology

Century Plyboards (India) Limited (CenturyPly), India's leading manufacturer of plywood and decorative, today announced yet another innovative solution- launch of Firewall technology that ensures that its customers get critical time to act and be safe in case of fire.

Firewall Technology is the outcome of arduous and indigenous research work done by the organization. The organization has decided to offer this benefit currently to its customers at no additional cost. Firewall technology involves use of nano-engineered particles, which are embedded in the polymer matrix of a plywood, giving it best-in-class firefighting properties. Ordinary plywood once ignited rapidly gets destroyed, it acts as a medium to spread fire within minutes. It also generates a lot of smoke. The rapidly spreading fire ignites and destroys everything in its way, the smoke hinders rescue operations and may suffocate people to death. Before one can realise and act, the raging fire causes irreparable losses like loss of life, trauma, injuries, mental disorders, emotional and financial instability and loss of precious belongings. CenturyPly now enriched with Firewall technology is certified as the best in class by Indian Standards (IS 5509), American Society for Testing Material (ASTM E84) and British Standard. (BS476 Part 7) when measured against critical parameters like flammability, spread ability, penetration, smoke developed index. Century Ply with Firewall Technology is best prepared to fight against self-disintegration due to fire and to contain the spread of fire and smoke generation. This helps in rescue operations, allowing time for its consumers to save own and loved ones' lives or call for emergency help, fire engines, ambulances etc. Once the source of fire is removed it also acts to self-extinguish the fire.

CenturyPly has always been in forefront in terms of being innovative and selfreliant, especially to bring out solutions consistently which are aimed to ensure that its customers get the best value and peace of mind while using CenturyPly - be it water-proof, borer and termite proof, Virokill technology and now Firewall Technology. Deep concern about the rising incidences of fire across our country gave impetus to this unique Firewall solution, which prepares the plywood to be the best in class to fight fire and give crucial time to save lives and valuables in case of fire breaking out. CenturyPly has decided not to charge any additional price for this currently, keeping the delivery of customer satisfaction as the main purpose. The Firewall Technology will be available in its Architect and Club Prime range of plywood from April 2021 onwards.

Shares of CENTURY PLYBOARDS (I) LTD. was last trading in BSE at Rs.312.05 as compared to the previous close of Rs. 308.7. The total number of shares traded during the day was 4357 in over 235 trades.

The stock hit an intraday high of Rs. 312.75 and intraday low of 303.85. The net turnover during the day was Rs. 1352392.

Source : Equity Bulls

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