Industry News

Cosmo Films to Build New Production Facility for Specialty Polyester Films in Maharashtra, India

Published on 2017-04-12. Author : SpecialChem

New Delhi, India -- Cosmo Films has announced plans to install a new production line for Specialty Polyester (Biaxially-Oriented Polyethylene Terephthalate) films by the third quarter of 2018- 19.

Cosmo Films

Capacity of 36,000 MT Per Annum

The new line will be commissioned at the Waluj plant site in Aurangabad, Maharashtra, India with a capacity of 36,000 MT per annum. The project for the new line will entail an investment of Rs. 250 crores and shall be funded through a mix of internal accruals and debt.

Solutions for Labeling, Lamination and more

This plant already houses BOPP lines, extrusion coating lines, chemical coating lines, metallizers and a CPP line. The new production line will complement the existing BOPP capacity of 200,000 MT per annum and allow Cosmo Films to offer a more comprehensive specialty product basket to flexible packaging, labeling, lamination and industrial applications.

Mr. Pankaj Poddar, CEO, Cosmo Films Ltd said:
“Specialty BOPET is one of the fastest growing substrates and we anticipate a strong demand for these films. This will enable us to do import substitution as well as take global market share.”

BOPET films (Biaxially-Oriented Polyethylene Terephthalate films) offer high tensile strength, chemical and dimensional stability, transparency, reflectivity, gas and aroma barrier properties and electrical insulation.

About Cosmo Films Limited

Established in 1981, Cosmo Films Limited today is one of the global leaders and manufacturers of Biaxially Oriented Polypropylene (BOPP) films. The company is the largest exporter of BOPP films from India and is also the largest producer of thermal laminating films in the world with plant cum distribution centers in the U.S, Korea & Japan and global channel partners in more than fifty countries.

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Source: Cosmo Films
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