NEWS


Cosmo adds BOPP plant to boost output


Cosmo First of India has commis- sioned a new BOPP packaging manufacturing line at its plant in plant located at Aurangabad, Maharashtra. The line, which has an annual output capacity of 81,200 tonnes, will increase the company’s total BOPP capacity by around 40% to 277,000 tonnes.


It is equivalent to an investment of


around US$40 million. The line will help Cosmo further


expand its product portfolio across speciality films and packaging – which have been growing at a CAGR of 10% for the last six years, it says. It expects to launch more new speciality films this year. “We expect the line to get filled fast due to a favourable gap in supply and demand in the domestic indus- try,” said Pankaj Poddar, group CEO Cosmo First. � www.cosmofirst.com


Exolon buys Corplex polycarbonate business


Exolon is to acquire the AkyVer polycarbonate sheet business from France-based Corplex. The agreement, signed in early


July, is expected to close by mid- August.


Plastic sheet extrusion specialist


Exolon will take ownership of the assets, trademark rights, sales operations and intellectual property – including product and patent rights – of the AkyVer brand. The portfolio includes a variety of polycarbonate multiwall sheets (Sun Type), panel products (Panel) and


www.filmandsheet.com www.brueckner.com


sheet systems (Connect/Prime). Production of these items will be inte- grated into Exolon’s manufacturing facility in Nera Montoro, Italy. Exolon says the acquisition enhances its existing product range, especially in the construction sector. For Corplex, the sale aligns with its decision to focus on its core busi- ness: the extrusion of polypropylene sheets and their conversion into tailored applications in logistics, industrial packaging and reusable transport. � www.exolongroup.com


Efficiency, sustainability and circularity


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Efficient lines for a low specific energy consumption


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Decreasing use of raw materials & “zero waste” in film production


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Solutions for bio-based and bio-degradable packaging films


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Mono-material solutions to close the life cycle of BOPP, BOPET and BOPE


IMAGE: EXOLON


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