Cosmo Films announces CPP film expansion
Cosmo Films has set up a CPP film production line at Aurangabad with an annual rated capacity of 25,000 MT. The CPP line will require investment of about Rs 140-crore to be funded through internal accruals and debts, and is expected to commence commercial production in two years.
01 Apr 2022 | By Rahul Kumar
Pankaj Poddar, Group CEO, Cosmo Films, said, “Worldwide, significant focus is being given on recyclability and sustainability of packaging films. Mono-layer structure of CPP and BOPP is the most preferred structure to address sustainability requirements. With current CPP capacity running close to 100% utilisation, the company planned capacity expansion with the world’s largest width line and lowest cost of production.”
Poddar added that other growth plans for Cosmo Films, such as specialised BOPET line, BOPP line, focus towards growing specialty sales, expansion with Cosmo Specialty Chemicals and Zigly are progressing in line with the plan.