12 March 2010 07:58 [Source: ICIS news]
MUMBAI (ICIS news)--India will increase biaxially oriented polypropylene (BOPP) film capacity by around 50% over the next two years, an industry executive said on Friday.
“An additional capacity of 222,000 tonnes/year will be added by 2011,” said Indrajit Ghosh, general manager business development at Flex MiddleEast.
End-use applications for BOPP film include flexible packaging, pressure-sensitive tape, stationery and cable and insulation.
He estimated Indian BOPP capacity at 289,000 tonnes/year in 2009 as against domestic demand of 204,000 tonnes. Three new lines were due to start during 2010-11 and companies were planning further additions post 2012, he said.
Domestic demand growth, mainly driven by flexible packaging applications, would absorb most of the additional volumes, he added.
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