Cosmo Films hiking BOPP capacity in Gujarat

摘要

Cosmo Films Ltd. is spending $30.8 million (200 crore rupees) to expand a biaxially-oriented polypropylene film plant at its factory near Vadodara, India. The New Delhi-based company said the expansion, estimated to be completed in early 2017, is needed to cope with an Indian BOPP film market growing 15 percent a year, and is particularly needed for new orders in the consumer goods sector. Pankaj Poddar CEO Cosmo Films Ltdc said, "Currently, our capacity is 140,000 tonnes (308.5 million pounds) annually and with the expansion, it would be hiked to 200,000 tonnes (440.8 million pounds) to meet the growing demand."