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Indian SRF to set-up BOPET film line in Europe

February 09/2018

MOSCOW (MRC) -- SRF has received capex approval for setting up of a BOPET film line in a new entity to be incorporated as a wholly owned subsidiary of the company in Europe at a cost of 58 million euro to be financed by loan and/or internal accruals, as per Indian-Commodity.

The new capacity is being set up to serve customers in Europe, Russia and other markets. The board of directors at its meeting held on February 7, 2018 has approved for the same.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

Equipped with state-of-the-art production facilities, SRF is one of the largest manufacturers of a spectrum of standard and speciality Bi-axially Oriented Polyethylene Terephthalate (BOPET) and Bi-axially Oriented Polypropylene (BOPP) films. SRF exports packaging films to around 70 countries. Conforming to the global standards, SRFТs packaging films are predominantly used in flexible packaging of soaps, detergents, tea, shampoo sachets, food packaging, cable, insulation, ducting tape, textile etc.


mrcplast.com
Author:Margaret Volkova
Tags:Europe, BOPET films, packaging, cable, thermal protection, SFR 16 E.
Category:General News
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