Cosmo Films Plans New BOPET Line

NEW DELHI, INDIA | Cosmo Films Limited, a global speciality films company manufacturing multiple types of biaxially oriented polypropylene (BOPP) and cast polypropylene (CPP) films, reports plans to install a new production line for speciality polyester (biaxially oriented polyethylene terephthalate) films by the third quarter of 2018–19.

The new line will be commissioned at the Waluj plant site in Aurangabad, Maharashtra, India, with a capacity of 36,000 MT/annum. The project for the new line will entail an investment of Rs. 250 crores and will be funded through a mix of internal accruals and debt. 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/annum and allow the company to offer a more comprehensive speciality product basket to flexible packaging, labeling, lamination, and industrial applications.

Pankaj Poddar, CEO, Cosmo Films, says, “Speciality 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.”

He adds that 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.

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