Loparex is 100% owner of Kaygee JV
Loparex Group will assume 100% ownership of the India joint venture company, Kaygee-Loparex India. The deal will be effective from 1 August.
20 Jul 2015 | 6630 Views | By Sriraam Selvam
Established as a joint venture in 2001, this makes Kaygee Loparex India’s leading release liner manufacturer. In fact after the joint venture with Loparex, the world’s largest commercial siliconiser with a turnover of over USD 500 million.
Mike Apperson, the CEO of Loparex said, "We are delighted to add the world class manufacturing capabilities of Kaygee-Loparex to the global Loparex family. In addition to the assets, we also welcome an incredibly talented and dedicated group of employees to our Loparex team, which will synergise our ability to bring additional value, not only to our local India-based customers, but also to our customers throughout the world".
Kaygee-Loparex facility, located in Silvassa, produces custom-engineered silicone coated papers and films which support the diverse release liner needs of industries including medical, tapes, hygiene, labels, security, composites and other industrial markets.
In-house product development, combined with IMS Certification (ISO 9001:2008, ISO14001:2004 and OHSAS 18001:2007), practiced GMP, and robust quality management methodology ensure the highest standards of quality, efficiency, regulatory and EHS compliance.
Loparex, the leading global supplier of release liners, also has manufacturing, product development and commercial operations in the US, Europe, China and Thailand.