The German company said that Cosmo Films, an Indian manufacturer of packaging films and labels, will install a new BOPP film production line from Brückner Maschinenbau at its Aurangabad plant in a November 17 press release. The line is 10.4 meters wide and has a production speed of 600 meters per minute.
CEO of Cosmo Pankaj Poddar Says: “The new 5-layer line for manufacturing BOPP specialty films at our Aurangabad site will be the largest of its kind in the world and will allow us to expand our sales into specialty markets. ”
President and CEO Ashok Jaipuria adds: “Leaving with our long-time partner Brückner is just a logical step. We have been working together on the basis of trust for many years and have successfully managed large projects. The current example is our first line of BOPET films, which is in the final phase of commissioning. Here too, the cooperation is confident and close, and with this in mind, we will also take over in our new BOPP project.
Cosmo Films had announced for the first time on the new BOPP line in September this year. The company said the line would require an investment of Rs 350 crore and would be funded through internal accruals.
Cosmo Films, established in 1981, is a world leader in specialty films for packaging, laminating, labeling and synthetic paper. The product portfolio includes BOPP and CPP films, and soon BOPET films as well. Today, the company is India’s largest exporter of BOPP films and the world’s largest producer of thermal lamination films. Its customer base is spread over more than 100 countries, with manufacturing units in India, Korea and Japan.