Tetra Pak Sets Up Rs 8-Crore Subsidiary In Pune

Tetra Pak Flexible Packaging System Ltd, part of the $8 billion Tetra Pak group of Sweden, has set up a Rs 8 crore flexible packaging food grade film manufacturing plant at Rajgurunagar, near Pune.

The companys greenfield project was inaugurated recently.

The plant at Rajgurunagar will have the capacity to produce as much as 400 million one litre pouches.

The pouches will be supplied to firms engaged in packaging of milk, water, oil and other beverages.

The plant will use food grade virgin polymer resins to manufacture films of thickness of 50, 60 and 70 mic.

The company claims its products are better when compared to other packaging films in terms of tensile and tear impact parameters.

 

The plant is fully computerised and has pre-press equipment to manufacture the film for the pouches.

The Swedish company is targeting India as it is the worlds largest producer of milk and about 7 billion litres of milk is processed and packaged annually.

The processed and packaged milk sector in India is growing at an annual rate of 15 per cent.

In the next couple of years, Tetra Pak Flexible Packaging System Ltd plans to enhance its capacity to over a billion packages from the new plant at Rajgurunagar.

Globally, as many as 240 billion packages of liquid foods are packed in plastic pouches.

Earlier, in 1994, Tetra Pak had picked 40 per cent equity capital from the Pune-based Nichrome Metal Works Pvt Ltd, a leading form-fill and seal machines producer.

The Pune-based plant of the company has since been renamed as Tetra Pak Nichrome Metal Works.

This alliance has given Tetra Pak clients access to form-fill and seal machines produced by Nichrome and used widely by the liquid food industry for packaging.