 "Cosmo Films commissions BOPP film line in Gujarat")
Cosmo Films Ltd has started commercial production from the new biaxially-oriented polypropylene (BOPP) film line at Karjan (Gujarat). BOPP films are widely used in the production of flexible food packaging, adhesive tapes, labels and lamination.
"The new line for production of BOPP films at Karjan (Gujarat) has been successfully commissioned ahead of schedule with capital cost lower than planned. The new line is the most advanced and the largest line available in the world today," said Cosmo Films in a BSE filing.
The new line has a capacity of 60,000 tonne per annum (TPA) and will increase the company's BOPP manufacturing capacity by over 40 percent to 200,000 TPA from 140,000 TPA. "It is expected to contribute to substantial growth in sales and profit in financial year 2017-18," the company added.
Karjan plant site already houses BOPP lines, extrusion coating & chemical coating lines and a metalliser. The new high speed line equipped with automated changeovers will lead to an increase in power savings thus maximising overall operational efficiencies.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%