India’s KPL to expand bulk plastic bags capacity

06 August 2007 15:56  [Source: ICIS news]

NEW DELHI (ICIS news)--India’s Kanpur Plastipack Limited (KPL) said on Monday that it would expand its combined capacity for different plastic bags to 10,000 tonnes/year from 6000 tonnes/year to cater to booming overseas demand for flexible intermediate bulk containers (FIBCs).

 

The company would commission an expansion/modernisation project at Kanpur in Uttar Pradesh in 2008-09.

 

KPL said it was focusing on export markets hence its strategy was to increase production of FIBCs, which are also known as bulk bags or big bags.

 

The demand for FIBCs worldwide is growing 10% every year and is expected to accelerate to 15% in the future.

 

About 15 Indian firms produce FIBCs primarily for overseas markets. A small volume is sold to Indian export-oriented companies that use FIBCs for shipping their products abroad.

 

FIBCs are manufactured primarily from polypropylene fabrics. They are used for packing fertilizers, chemicals, cement, cereals and other solids.

 

KPL also manufactures high density polyethylene (HDPE) and polypropylene (PP) woven fabric and sacks.

By: Naresh Minocha
+65 6780 4359

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