Polyplex in India
Polyplex Corporation Limited
Polyplex Corporation Ltd. (PCL) is a Public Limited Company listed on the Bombay Stock Exchange and the National Stock Exchange. Its Corporate Office is located in National Capital Region (NCR) of Delhi.
Polyplex's state-of-the-art R&D facility is also located in Delhi, NCR.
Its two manufacturing facilities at Bazpur and Khatima in the state of Uttarakhand in the foothills of the Himalayas have a combined capacity of:
- PET film - 55,000 metric tons
- BOPP film - 35,000 metric tones
- Metallized film - 20,400 metric tons
- Coating - 270 million square meters
- PET Resin - 77,600 metric tons
The Indian operations have a collective workforce of about 749 employees in its manufacturing, sales & corporate operations. Many of the employees in Khatima & Bazpur are housed with their families in the green and spacious residential townships adjoining each facility. The Saraf Public School, set up by Polyplex adjoining the Khatima plant facility in 1992, provides quality education to children of employees as well as those from local communities.
The Journey So Far
Polyplex commenced operation from its first PET film line in Khatima in 1988. A second line was added in 1996 taking the installed capacity to 20,000 tons per annum of PET film. The facility was also backward integrated to include the production of PET resin.
In 2002, PCL commissioned an in-house metallizer at Khatima with a capacity of 4,800 tons per annum followed by 2 more metallizers at Bazpur.
In 2007, a state-of-the-art coating line with an annual capacity of 160 million sq.meters for the production of Siliconised Polyester Release Liners was commissioned at Khatima.
In 2009 a new, world class, high capacity manufacturing facility was set up at Bazpur near Khatima with a state-of-the-art 8.70 meter wide PET film line, and its own PET resin plant. The present capacity of the two facilities is 55,000 tons per annum of base PET film.
In 2009, PCL also diversified into the production of BOPP film products by setting up a line with a capacity of 35,000 metric tons per annum at the Bazpur facility.
In order to enhance the product portfolio, the Company has commissioned an offline coating line in 2014 with an annual capacity of 110 million sq. meters.
Peninsula Beverages & Foods Company Private Limited (PBF)
PBF was incorporated on May 16, 2011 in the NCT of Delhi under the Indian Companies Act, 1956 as a private limited company. With effect from Feb 6th 2013, PBF has become the wholly owned subsidiary of Polyplex (Asia) Pte. Limited, Singapore (PAPL). PBF is in the business of product development, brands, marketing, sales and distribution of packaged beverages and food products which is a significant and fast growing category in the consumer products space.