MOSCOW (MRC) -- Kolkata, Oct 5 Cosmo Films Limited, a leading global speciality firm manufacturing bi-axially oriented polypropylene (BOPP), has announced plans to install a new 10.4 mtr BOPP line by early 2017, said Indiablooms.
The line has already been ordered and will increase the company’s annual BOPP production capacity from 140k to 200k MT.
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 metallizer.
"The new line that is yet to be installed is 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," an official statement said.
Pankaj Poddar, CEO, Cosmo Films Ltd said, "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."
He further added, "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."
As MRC informed before, Cosmo Films Ltd. may start chemical coating of films in the United States. Cosmo has two U.S. plants, in Addison, Ill., and Hagerstown, Md., plus five warehouses in the United States and Canada. It entered the market in 2009, when it bought the GBC Commercial Print Finishing business of ACCO Brands Corp., which specialized in thermal lamination film.
BOPP-films (bi-axially oriented polypropylene 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.
Cosmo Films Limited Established in 1981, Cosmo Films Limited is one of the global leaders and manufacturers of BOPP Films. It is the largest exporters of BOPP films from India and largest manufacturer of thermal lamination films in the world. The films make their way into flexible packaging, labels and lamination industry.
MRC