Investmnet worth Rs 700 crore planned by Jindal Poly Films
The subsidiary of Jindal Poly Films, JPFL Films, has planned a capex (capital expenditure) of Rs 700 crore. As per the firm, the plan is set up new BOPP, PET and CPP lines in Nashik, Maharashtra.
The project is expected to be commissioned in the next 2-3 years. New BOPP line to have a capacity of upto 42,000 tonne per annum, a new PET line to have a capacity of upto 55,000 tonne per annum and a new CPP line to have a capacity of upto 18,000 tonne per annum.