Century Plyboards plans Rs 1,200cr investment by 2012

KOLKATA: Century Plyboards (I), a plywood maker and cement producer, today said it plans to invest Rs 1,200 crore by 2012 mainly to expand cement manufacturing capacity.

"We will continue to grow in the plywood segment but our investment in the two years will be concentrated in the cement sector in which total Rs 1,200 crore investment has been lined up," Century Plyboards joint managing director Sanjay Agarwal told PTI.