Cosmo Films | 119Cosmo Films’ Aurangabad plant will house what the company claims is the world’s largest BOPP flm production line Cosmo Films enters new market segments India-based flm manufacturer Cosmo Films will launch several products to target new market segments including flm adhesives and signage. Akanksha Meena reports osmo Films launched several new challenge, so we tried to resolve that. There products in 2021 including direct is a host of adhesives that are coming out thermal printable flm and several in the market, and different adhesives have Csynthetic papers. These products are now different needs, from what our customers being scaled up. Cosmo is also ramping tell us. We worked on those specifc areas. up to launch its shrink label materials. The Cosmo believes in better than the best so company has started producing fnished we will continue with the same philosophy products using flms launched under the when it comes to adhesives,’ Poddar adds. Ozge brand name. ‘We wanted to diversify into new areas. And some of the chemicals and adhesives make a lot of sense for us because we have “We wanted to diversify very strong research capabilities and many of the research scientists we have are from into new areas. Some chemical and adhesive backgrounds. It is Pankaj Poddar, group CEO of Cosmo Filmsa very familiar area which we understand of the chemicals very well.’ and adhesives make ‘World’s largest’ BOPP film Cosmo has sales and distribution production line networks in several countries and a plant in sense because we Korea. ‘From a manufacturing perspective, Cosmo Films has set up reportedly the India is low cost and has a lot of talent world’s largest BOPP flm production have strong research which is why majority of our manufacturing line in Aurangabad, India, with an annual footprint is here. As far as sales network is capabilities and it rated capacity of 67,000 metric tons. concerned, we are growing globally. We are The BOPP line will require investment trying to increase sales for all our segments is a familiar area” of about 350 crores INR (47.5 million and especially the adhesives and the new USD) to be funded through internal ‘A major innovation that we have business segments that we have gone into. accruals and debts and is expected to come up with is laser printable paper. The objective is to increase exports and be commencing commercial production These are A4 non-tearable sheets made of set up different distribution channels in within FY 2024-25. polypropylene. Now we are trying to fnd different countries,’ Poddar explains. Pankaj Poddar, group CEO of Cosmo distributors for it. These are for home and Poddar highlights that the company Films, said: ‘With current capacity offce applications. They have a long shelf is establishing the world’s largest BOPP expected to produce primarily specialty life and give beautiful print, but are only line, which will be operational by the FY flms (more than 80 percent) in next laser printable. They are out in the market,’ 2024-25. The manufacturer is also setting two years and projected BOPP flm CEO Pankaj Poddar explains. up a new polyester line which is coming demand growth in India, the company Cosmo will also launch its flm adhesives up next year and investing in metallizers in planned capacity expansion which for packaging, labels and lamination. It will India. The expansion will happen mostly in will be world’s largest production line offer paper to flm, flm to flm and flm Aurangabad, other than a small expansion with an annual rated capacity of to bottle lamination. The three types of in Baroda. 67,000 metric ton with the lowest adhesives will be launched in the next cost of production. 3-6 months. Covid challenges Other growth plans include ‘We are working on the bond properties Speaking about demand for its products, specialized BOPET line, focused on of the adhesive. There were a lot of Poddar says that most parts of the world growing specialty sales, expanding into challenges that we saw in the market have seen a growth in demand post-Covid. Cosmo Specialty Chemicals.and in some cases the curing time was a ‘People have saved money and now they Jan - Mar 2022