Cosmo Films Strengthens Exports with New SEZ Plant
- Published: June 10, 2014
NEW DELHI, INDIA | The third Indian manufacturing location set up by Cosmo Films at Shendra, Aurangabad, last year is fully operational now and working to its capacity to meet growing export and international operations demands, originating largely from Europe, Japan, and Americas.
The $45 million Shendra plant, which is dedicated to handle the export requirements of the company, is located in the Special Economic Zone (SEZ), close to Aurangabad, approximately 400 km from Mumbai. The plant is the company’s third manufacturing set up in India.
The plant has one BOPP and three extrusion coating lines in order to cater to global demand, which is more skewed toward coating films. The plant also will have a chemical coater and a metallizer line installed by October this year. The BRC certified plant has production capacity of 40,000 metric tonnes of BOPP and 9,600 metric tonnes of thermal laminating films. With this addition, the total installed capacity of the company has gone up to 136,000 tonnes per annum (TPA) for BOPP; 40,000 TPA for thermal laminating films; 5,000 TPA for coated films, and 8,000 TPA for metallized films.
“A separate plant with exports focus is very much in line with company’s intent to expand the global footprint; still on the path of consolidation.” said Pankaj Poddar, CEO.
