“The market is shifting towards BOPP”
A longside the rapid growth of the flexible packaging printing and converting industry in India and Southern asia, a nifty deal of investment is as well existence made to increase packaging picture show manufacturing capacities. Whereas the top dozen or so manufacturers of polyester, BOPP, BOPET packaging films have a electric current capacity of approximately 1.v million tonnes at to the lowest degree six of these companies are expected to add new lines for either polyester or BOPP films in the adjacent ii years. Another feature of capacity enhancement is the addition of new metallizing and coating lines for the manufacturer of value added and speciality packaging films
Other packaging film manufacturers are also evaluating the demand for specific materials and in specific regions both in the country and regionally, since several Indian packaging moving-picture show manufacturers now have lines installed overseas. We recount some of the expansion plans of the leading Indian manufacturers of packaging films below.
Jindal Poly Films to add together 161,000 tonnes BOPP capacity
The largest Indian manufacturer of packaging films Jindal Poly Films is investing Rs. 1,000 crore (approximately US$ 150 million) for its capacity expansion both inside the state and overseas. According to the company's press release in November 2015, "The company has drawn up time to come expansion plans for its India performance and for its subsidiaries in United states and Europe totalling to Rs 1,000 crores." We believe that roughly half of the new capacity will be installed in Bharat while the rest will go to Jindal Poly's overseas plants.
At Nashik in Maharashtra, Jindal Poly Films operates the world's unmarried largest institute for product of BOPET and BOPP films with boosted plants in the United states and Europe some of which are part of its acquisition of the global BOPP films business of ExxonMobil Chemical in 2013. Jindal Poly Films' electric current BOPP capacity is 445,000 tonnes annually while its annual BOPET chapters is 127,000 tonnes for a combined moving picture capacity of 572,000 tonnes.
Jindal Poly Films will increase its almanac BOPP capacity past 161,000 tonnes to accomplish an annual global capacity of 606,000 tonnes while its overall capacity including BOPET will rise to 733,000 tonnes. The capacity expansion comprises four BOPP production lines, metallizers, blanket lines along with the required ancillary equipment. The new capacities are expected to be operational over the next two years, with two of the lines to exist installed in India.
Cosmo Films to add 60,000 tonne BOPP line in Karjan
As we wrote in our November 2015 result, Cosmo Films has announced its plans to install a new x.4-metre broad BOPP line in Karjan near Vadodara in Gujarat in early 2022 with an investment of approximately Rs. 200 crore. In add-on a cast polypropylene line is existence added to Cosmo's Maharashtra plant at a cost of Rs. 20 crore. The new BOPP 60,000 metric tonne expansion at Karjan will increase the company'due south annual BOPP production capacity from 136,000 to 196,000 metric tonnes.
The x.4 metre wide Bruckner BOPP line to be installed at Karjan is an advanced high speed line equipped with automatic changeovers that increase power savings and maximize overall operational efficiencies. "The output is intended for both domestic and export markets . . . It is the highest tonnage line available as of date. We have brought in many features to continue the variable costs for operating this line actually depression," Pankaj Poddar, CEO, Cosmo Films stated to Packaging Southern asia. Cosmo has five BOPP lines in its Waluj plant in Aurangabad and one BOPP line at Shendra in Aurangabad. Birthday including the two lines in Karjan, the visitor presently has viii BOPP lines in improver to plants in Choognam in Korea and Hagerstown, USA for producing thermal films.
Poddar stated, "We are anticipating strong demand for BOPP packaging films in the coming years, especially from the FMCG sector which prompts usa to aggrandize our BOPP production capacity."
Co-ordinate to Poddar, BOPP is a versatile and price efficient textile for flexible packaging, "Its backdrop can exist inverse in several means which you cannot do with other kinds of films."
Surat Metallics' 32,000 tonne PET line
In some other instance of packaging film capacity expansion, Surat Metallics is adding a polyester line with an annual chapters of 36,000 tonnes to be deputed in the 2022-17 fiscal year. Surat Metallics' current annual chapters includes 32,000 metric tonne chapters of PET films produced on a viii.seven metre broad Bruckner line that was added in 2012.
Cosmo and Brückner are looking forwards to an heady new challenge – Bharat'south very first 10.4 metre wide film production line. Photo Brückner
SRF
SRF, a manufacturer of chemic-based industrial intermediates, is investing Rs. 394 crore on three projects to expand its packaging film chapters, the setting up of a new pharmaceutical class manufacturing and filling found and for modifications of its refrigerant found.
SRF volition fix its new greenfield packaging film line in a new domestic tariff expanse location almost its Indore SEZ plant at an estimated cost of Rs. 356 crore (approximately US$ 55 million). SRF currently articles packaging films at plants in Indore in Madhya Pradesh and Kashipur in Uttarakhand. With an annual installed capacity of 71,000 tonnes it is also emerging every bit ane of the medium-sized manufacturers of BOPP and BOPET packaging films in the land.
Chiripal Poly Films
Chiripal Poly Films is a manufacturer of BOPP packaging films with i of the almost aggressive expansion plans that includes the establishment of new lines in three sequent years – 2015, 2022, and 2017. It installed a 40,000 tonne BOPET line in 2015 and has plans to install another 40,000 tonnes per annum BOPET in Dec 2022; and, yet one more BOPP line in Dec 2017, this time with a chapters of 45,000 tonnes per annum. The successful execution of these expansion plans should take Chiripal's total chapters to just over 200,000 tonnes including 123,000 tonnes of BOPP packaging films. The company has also become a manufacturer of PET resins to the tune of 220,000 tonnes annually.
Vacmet India
Vacmet based in Chatta nigh Mahtura in North India already has an annual capacity of nearly 100,000 of BOPET and BOPP packaging films. Vacmet is planning to add a 40,000 tonne capacity BOPP line in the 2022-17 time frame.
Max Speciality Films
Amongst the companies that have fabricated public statements regarding expansion are Max Speciality Films which already has BOPP picture show lines, metallizers and thermal coating lines with a total capacity of 54,000 tonnes which it supplies to the nutrient and not-food packaging and industrial market segments. In August 2015, its CEO Jaideep Wadhwa stated to the trade press, "Since our current capacity is fully utilized, we are currently evaluating the Indian and other fundamental manufacturing bases globally to assess the viability and advisable timing for capacity expansion." Apparently the visitor has invested in research and development and a stiff product application and development squad to create a technology roadmap. Max Speciality Films was also one of the two Indian packaging film manufacturers along with Jindal Polyfilms that took office in the Labelexpo fair in Brussels in Oct 2015.
Stronger demand for BOPP
Overall there seems to be a clear anticipation of stronger demand for BOPP packaging films which to some extent also require higher quality gravure and broad web CI flexo presses that are able to handle this material. Thus there is an overall trend of comeback in flexible packaging quality and efficiencies in production. Moving-picture show-based labels, both pressure level sensitive and unsupported wraparound labels, are also contributing to the growth in consumption of packaging films.
Overall what is expected over the side by side 2 years is an increment in Indian moving picture manufacturing annual capacity of anywhere from 250,000 to 300,000 tonnes. In addition there are lines coming upward in Bangladesh and Pakistan.
Industry experts in India say that BOPP packaging picture consumption in the state is growing at 10 to 12% annually while the overall flexible packaging industry is growing at a slightly college charge per unit. Nevertheless, of the moving-picture show manufacturing capacity expansion in Republic of india in the next two years, a significant portion (more than than 40%) consists of polyester or BOPET lines.
Packaging South Asia is the cooperating media partner for drupa 2022 which is scheduled to be held from 31 May to 10 June at Dusseldorf, Frg
Source: https://packagingsouthasia.com/packaging-production/the-market-is-shifting-towards-bopp/
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