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Polyplex to invest Rs 558 crore to set up BOPET manufacturing film plant
Jan-10-2025

Polyplex Corporation has received an approval for setting up a BOPET manufacturing film plant in India, in order to expand the business of the Company. 

The investment required for the plant will be $65 million (Equivalent to Rs 558 crore approximately) (excluding incremental working capital) and this will be funded through mix of debt and internal accruals. The Board of Directors in its meeting held on January 09, 2025 has approved the same.

Polyplex Corporation is principally engaged in the manufacturing of polyester (PET) film globally.


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