Polyplex Subsidiary Adds 12,000 MT/Year BOPP/BOPE Capacity

Polyplex Corporation Ltd's material subsidiary, Polyplex (Thailand) Public Company Limited (PTL), has approved a project to install a second-hand 6.6 mtr, five-layer BOPP/BOPE film line in Thailand. This expansion will add 12,000 MT/Year to PTL's existing capacity of 98,045 MT/Year, which is currently operating at 80% utilization. The project is expected to be completed by Q4 FY2027-28 with an investment of USD 15.2 million (approximately INR 147 Crores), financed through internal accruals. The rationale for this expansion is to grow the company's business. The main equipment is being acquired from Taghleef Industries Inc., USA, for approximately USD 2.91 million.