 "Cosmo Films to expand BOPP capacity to tap flexible packaging market")
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Cosmo Films Limited, one of the global leaders in biaxially oriented polypropylene (BOPP) films, is increasing its BOPP production capacity from 140,000 tonnes per annum (tpa) to 2,00,000 tpa with an investment of Rs 220 crores in its Gujarat and Maharashtra facilities, according to a PTI report.
While Cosmos Films will invest Rs 200 crore to expand BOPP capacity by 60,000 tpa at Vadodara facility, it will spend Rs 20 crore for adding cast polypropylene line at its Maharashtra facility.
Last month, Cosmo Films Limited had announced plans to install a new 10.4 mtr BOPP line by early 2017 to raise the production capacity. The new production line will be installed at the Karjan plant site near Vadodara, an existing facility with the company which already houses BOPP lines, extrusion coating & chemical coating lines and a metalliser. “The new line will be the most advanced line available in the market today in terms of its width and output. This high speed line equipped with automated changeovers will lead to an increase in power savings thus maximising overall operational efficiencies,” said Cosmo Films press release.
“We are anticipating a strong demand for BOPP films in the coming years especially from the FMCG sector which prompts us to expand our BOPP production capacity. The output for the production unit intends to be used for both domestic and export markets. Our expansion plans are also aligned with government’s Make in India project which aims at boosting home grown manufacturing companies. Cosmo Films remains committed in its efforts to develop the sector and set new industry benchmarks,” said Pankaj Poddar, CEO, Cosmo Films Ltd.
BOPP films which offers high strength, elasticity, high barrier properties, resistance to various corrosive environments, and inertness go into making of flexible food packaging, adhesive tapes, labels and lamination applications.
While Cosmos Films will invest Rs 200 crore to expand BOPP capacity by 60,000 tpa at Vadodara facility, it will spend Rs 20 crore for adding cast polypropylene line at its Maharashtra facility.
Last month, Cosmo Films Limited had announced plans to install a new 10.4 mtr BOPP line by early 2017 to raise the production capacity. The new production line will be installed at the Karjan plant site near Vadodara, an existing facility with the company which already houses BOPP lines, extrusion coating & chemical coating lines and a metalliser. “The new line will be the most advanced line available in the market today in terms of its width and output. This high speed line equipped with automated changeovers will lead to an increase in power savings thus maximising overall operational efficiencies,” said Cosmo Films press release.
“We are anticipating a strong demand for BOPP films in the coming years especially from the FMCG sector which prompts us to expand our BOPP production capacity. The output for the production unit intends to be used for both domestic and export markets. Our expansion plans are also aligned with government’s Make in India project which aims at boosting home grown manufacturing companies. Cosmo Films remains committed in its efforts to develop the sector and set new industry benchmarks,” said Pankaj Poddar, CEO, Cosmo Films Ltd.
BOPP films which offers high strength, elasticity, high barrier properties, resistance to various corrosive environments, and inertness go into making of flexible food packaging, adhesive tapes, labels and lamination applications.
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