About the Company
Jindal Poly Films (JPFL) is a part of Rs 30 billion B C Jindal group, a 50-year old industrial group offering a wide range of products. The group has promoted a number of companies over the years and is involved in diverse activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.
JPFL is the largest manufacturer of BOPET and BOPP films in India. The company produces BOPET film, BOPP film, metalized BOPET film and BOPP film, coated BOPET and BOPP films, polyester chips (for captive consumption in the BOPET film)
From being only a polyester yarn producer in 1985, JPFL diversified in 1996 into BOPET film production. In 2003, JPFL commenced production of BOPP film and metallised film. JPFL commenced production of coated film products by July 2005. JPFL capabilities were strengthened by the acquisition in November 2003 of Rexor SAS, in France, which produces metallised and coated films as well as tear tape, stamping foil, security thread and other high-value products. JPFL plant at Nasik, Maharashtra is the world’s largest single location plant for the manufacture of BOPET and BOPP films.
The company is the world's 5th largest BOPET Film manufacturers in the world. It is in the league of top five producers of BOPP Films in the world after the expansion.
Rexor makes and sells a broad range of metallised and coated BOPET films for preserving food products and is a market leading producer of “tear tape” for easy opening of cheese portions and laminated films used in the packaging of luxury products such as cosmetics and perfumes. It is the leading independent producer of security threads for bank notes. The company also produces film for decoration, insulation, aeronautics and sun protection. It holds proprietary technologies for laser demetallisation of security threads and other bank note security applications and for slitting films into widths as short as 0.20 millimeters.
In 2012 Jindal Poly Films entered into an agreement with ExxonMobil Chemical (ExxonMobil) to purchase ExxonMobil's BOPP Global Film business.
1. PET Films
Polyester film commonly known as PET film is a versatile film, which has a vast range of applications. The film provides a strong barrier to moisture, odour and gases making it suitable for use in flexible packaging. Its high tensile strength, thermal and chemical stability makes it suitable for a multitude of applications in electric insulation, office supplies, graphic arts, magnetic media imaging, metallic yarn and industrial applications.
2. BOPP Films
Polypropylene film commonly known as BOPP is widely used for food packaging, textile bags, overwraps for cigarette and personal products, adhesive tapes and labels. BOPP film possesses dimensional stability, high tensile strength, good stiffness, high clarity, excellent printability and most importantly, heat sealability.
3. Metalized Films
JPFL has four wide width metallizers with plasma treatment facilities for enhanced shelf life and barrier properties. Two more metallizers of 2850 mm width are being installed by Jan & March 2008.
4. Coated Films
As a part of the forward integration of BOPP and PET Films, JPFL installed two coating lines for manufacturing of entire range of specialty coated films like PVdC, Acrylic, Low Temperature Seal and High Seal Integrity coatings.
5. Poly Chips
Jindal Group stands for the highest Polyester films, polyester chips and resins production facilities, with plants located at Nasik to cater to captive consumption.
- 1985 Commenced manufacturing of POY at Gulahoti, Bulandshahar, UP.
- 1992 Backward integration into manufacturing of polyester chips for captive consumption
- 1996 Diversified into manufacturing BOPET films at Nasik.
- 2000 Installed a new thick BOPET film manufacturing facility
- 2003 Diversified into manufacturing BOPP and metallised films at Nasik. Acquired Rexor, France in November 2003 for Euro 8.5 million
- 2005 Started second 8.7 meters width BOPET films line with a capacity of 25000 tonnes per annum. Started 5 Layer 8.2 meters width BOPP films line with a capacity of 32000 tonnes per annum.
- 2006 Started second 8.2 meters width BOPP films with a capacity of 45000 tonnes per annum.
- 2007 Started 3rd 8.2 meters width BOPP line with a capacity of 45000 tonnes per annum.
- 2009 Started two 8.7 mtrs width BOPP lines with a capacity of 45000 tpa each.
- 2010 Started 3rd 8.7 mtrs BOPET line with a capacity of 30000 tpa.
- 2013-Acquired the BOPP films business from Exxon Mobil, with 3 manufacturing plants in Europe and 2 plants in the US, along with an R & D centre and more than 300 registered patents.
-Approved the entering of Sale Purchase Agreements relating to the acquisition of Global BOPP Films Business of ExxonMobile Chemical.
- 2014-Demerged it’s Investments in separate investments company, Jindal Poly Investments and Finance Company Ltd.
- 2015-Received BRC certification
-Demerged the manufacturing business of Jindal Photo (5.9 shares of Jindal Photo exchanged for 1 share of JPFL) 14000 MTPA coater plant being commissioned at Nashik.
|Jindal Poly Films Ltd.