Cosmo Films Ltd. has announced plans to install a new production line for specialty 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 in Maharashtra, India, with a capacity of 36,000 metric tons per annum. The 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 metric tons per annum and will allow Cosmo Films to offer a more comprehensive speciality product basket to flexible packaging, labeling, lamination and industrial applications.
“Specialty BOPET is one of the fastest growing substrates, and we anticipate a strong demand for these films,” says Pankaj Poddar, CEO of Cosmo Films. “This will enable us to do import substitution as well as take global market share.”
BOPET films offer high tensile strength, chemical and dimensional stability, transparency, reflectivity, gas and aroma barrier properties and electrical insulation.
Cosmo Films Ltd.