Stay updated with breaking news from Industrie max. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Max Ventures & Industries’ (MaxVIL) subsidiary Max Speciality Films (MSFL) is planning to invest upto Rs 500 million in a new CPP Line which will have a capacity of 7.2 KTPA (Kilo Tonnes Per Annum). The new CPP Line expansion will be funded entirely through internal accruals. Work on the capex will commence in . ....
Max Ventures & Industries (MaxVIL) subsidiary Max Speciality Films (MSFL), which manufactures specialty packaging films will be investing upto Rs. 50 crore in a new CPP Line which will have a capacity of 7.2 KTPA (Kilo Tonnes Per Annum). The new CPP Line expansion will be funded entirely through internal accruals. Work on the capex will commence in Q2FY22 and is expected to be commercialized in Q2FY23. Demand for the CPP Films has been robust and expanding the capacity will enable MSFL to cater to the growing market for such films. Apart from robust demand these films enjoy, they will also further enhance the sustainability factor of MSFL as these films are easier to recycle. ....
Second metallizer line expected to be commercialized in Q3 FY22Max Ventures & Industries (MaxVIL), subsidiary Max Speciality Films (MSFL), which manufactures specialty packaging films had announced in December 2020 that company will be installing two additional metallizer lines. MSFL has commenced first of the two metallizer lines today, 20 April 2021. These two additional metallizer lines were planned as a part of MSFL s strategy to continue to embark on its specialty journey. Planned with a total capex of Rs. 60 crore for two lines (Rs. 30 crore for each), these metallizer lines will enable MSFL to enhance its value-added specialty product portfolio. This is in line with its focus since the last few years to co-create packaging films innovations in consultation ....