Project Category
Project Category
Packaging Materials
Project Description
Project Description
Cosmo Films is planning a 65,000 TPA bi-axially oriented polypropylene films manufacturing unit at Village Navi Jithardi, dist. Vadodara, Gujarat. This is a new line in the existing 25 acres plant. The cost of the project is Rs. 2,000 million. Equipment is imported from Europe. Negotiations are underway for selection of civil contractor. Work on the project is expected to commence in November 2015 & is planned for completion in 2017. According to media sources, the capacity addition will take the company`s production of BOPP films, which is used for packaging, labels and laminations, to 201,000 tonnes. The company intends to raise a debt of Rs. 1400 million and fund the rest from internal accruals. The company will also add a new cast polypropylene line with an investment of Rs. 100 million. [Info as of: Oct. `15]
Country
Country
India \ Gujarat
Our Reference Number
Our Reference Number
2001018151116
 
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