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Cosmo Films to set up new line for speciality polyester films

Wednesday, 02 Sep 2020
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Cosmo Films is planning to recommence installation of speciality polyester films line (Biaxially-Oriented Polyethylene Terephthalate) by Q2/FY23.

The new line will be commissioned at the Waluj plant site in Aurangabad, Maharashtra, with a capacity of 30,000 tpa. The plant already houses BOPP lines, extrusion coating lines, chemical coating lines, metallisers and a CPP line.

The new production line will complement the existing BOPP capacity of 2,00,000 tpa and allow Cosmo Films to offer a more comprehensive speciality product b packaging, labeling, lamination and industrial applications.

The project cost is estimated to be Rs 300 crore, which will be financed through a mix of internal accruals and loans.

 

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