Cosmo Films, that was established in 1981 has evolved as one of the leading manufacturer of biaxially oriented polypropylene (BOPP) films which go in for packaging, lamination and labeling applications.
Cosmo Films, that was established in 1981 has evolved as one of the leading manufacturer of biaxially oriented polypropylene (BOPP) films which go in for packaging, lamination and labeling applications. The venture has announced startup of its tenth, 10.4 metre BOPP line. With installation of this new line, the company intends to increase its annual capacity by 40 per cent, taking it to 1.96 lakh MT whereas the current capacity stands at 1.36 lakh MT annually.
The new line was announced in October 2015 and has been commissioned ahead of its schedule. It has been installed at company’s existing facility at Karjan, near Vadodara, India which already houses BOPP lines, extrusion coating & chemical coating lines and a metallizer. Cosmo films claims that the line is the most advanced available in the market today in terms of its width and output and is the first 10.4metre line to be installed in the country. The line is equipped to deliver both superior quality products with minimized scratches, oil or additive spots and high surface energy as well as consistent quality due to automatic changeovers. The line is also capable of producing films as thick as 80 microns to cater to segments like textiles which require thicker films.
With this new product Cosmo films intends to exploit both domestic and export markets.The new line is part of a series of expansions which have been announced inthe last one year by the company for both its India operations and its subsidiaries in US and Korea.
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Speaking on the development, Mr. Pankaj Poddar, CEO, Cosmo Films Ltd said, “I am pleased to inform that the line has been installed ahead of its schedule and well within the projected capex of 200 crores. The high speed line equipped with automated changeovers and automatic consumption of waste will not only lead to an increase in power savings but alsohelp the company with its overall operational efficiencies. The new line is expected to contribute to substantial growth in sales and profit in Financial Year 2017-2018. ”