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Dhunseri to invest Rs 1k cr in Panagarh for 2 production lines
Dhunseri to invest Rs 1k cr in Panagarh for 2 production lines

Time of India

time19-06-2025

  • Business
  • Time of India

Dhunseri to invest Rs 1k cr in Panagarh for 2 production lines

Kolkata: Dhunseri Group will invest Rs 1,000 crore in Panagarh, through Dhunseri Polyfilms. Group chairman CK Dhanuka said the company was planning to set up at least two more lines in Panagarh: its first BOPET (Biaxially Oriented Polyethylene Terephthalate) and a BOPP (Biaxially Oriented Polypropylene). The films produced by these lines are mainly used for food and non-food packaging. Dhunseri already has a BOPP production line in Panagarh. Both these lines are expected to be online by 2029, said Dhanuka. The expansion will be put up in the next board meeting for approval by Aug. The capital expenditure on these two lines is expected to be financed with a debt-to-equity ratio of 70:30. "The lines are expected to be commissioned by March 2027. With the fresh expansion plan, DPFPL's installed capacity by the end of 2029 will be about 120,000 tonne for BOPET films and 210,000 tonne for BOPP films," added Dhanuka. Dhunseri has its Panagarh plant at WBIDC industrial park. It also conducted a stone-laying ceremony for two BOPP plants in Jammu's Kathua earlier this month. The company also has a PET resin plant in Haldia through a joint venture with the Indo Rama Group. The JV also has plants in Egypt and Panipat.

Dhunseri group to build two more poly film units in West Bengal with Rs 1000 crore
Dhunseri group to build two more poly film units in West Bengal with Rs 1000 crore

Time of India

time19-06-2025

  • Business
  • Time of India

Dhunseri group to build two more poly film units in West Bengal with Rs 1000 crore

Kolkata: Dhunseri Poly Films , a wholly-owned subsidiary of Dhunseri Ventures , plans to set up two polyester films units in West Bengal with a projected investment of Rs 1000 crore, Dhunseri group chairman Chandra Kumar Dhanuka said. The company has one existing poly film making unit in Panagarh Industrial Park in Bardhaman district, 150 km from Kolkata. It became operational in 2024. The proposed units will be set up at the same industrial park. The fresh plan includes one greenfield unit to produce BoPET (biaxially oriented polyethylene terephthalate) -- a polyester film made from stretched polyethylene terephthalate and another unit to produce BOPP (bi-axially oriented polypropylene) which is used in the packaging industry. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kulkas yang belum Terjual dengan Harga Termurah (Lihat harga) Cari Sekarang Undo "Capex of these two lines are likely to be financed with a 70:30 debt equity ratio and be commissioned by FY29," Dhanuka said. The units in Jammu are expected to be commissioned by March 2027, he said. Live Events

PureCycle advances BOPP film trials with recycled resin in Germany
PureCycle advances BOPP film trials with recycled resin in Germany

Fibre2Fashion

time29-04-2025

  • Business
  • Fibre2Fashion

PureCycle advances BOPP film trials with recycled resin in Germany

PureCycle Technologies, Inc. (NASDAQ:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced progress on the use of PureFive resin in industrial biaxially oriented polypropylene (BOPP) film trials. The latest trials were conducted by Brückner Maschinenbau GmbH, the world's leading supplier of production lines for manufacturing a wide range of stretched films, based in Siegsdorf, Germany. PureCycle Technologies announced successful BOPP film trials using 15â€'50 per cent PureFive resin at Brí¼ckner's facility in Germany. The recycled resin performed comparably to virgin polypropylene, showing promise for flexible packaging. CEO Dustin Olson said the results support PureCycle's goal of offering a single-pellet, drop-in solution for sustainable BOPP film production. The positive Brückner trials were conducted with blends ranging from 15% to 50% PureFive resin from PureCycle's commercial facility in Ironton, Ohio. The film was successfully extruded at Brückner's German facility and performed similarly to virgin polypropylene (PP) on multiple tests. Initial stretch tests appear promising, with additional stretch testing scheduled for later this month. PureCycle CEO Dustin Olson said, "Flexible packaging is one of the largest segments for polypropylene, and there is not a traditionally recycled material that can consistently meet the high purity demands required to make film. The early results are encouraging from the trials with Brückner, and it gives me confidence we can meet the stringent processing requirements." Olson added, "Brückner is known as a trusted BOPP equipment manufacturer and resource for BOPP film producers, so it was critical for us to have these trials handled by their experts in Germany. We look forward to additional trials later this month." BOPP film has a wide range of end-use applications, including food packaging for snacks, candy and baked goods. It is also used for labeling and adhesive tape. BOPP film is popular in these applications due to its features of transparency and moisture/chemical resistance. Olson continued, "To help expand our portfolio of products, PureCycle is committed to providing a single-pellet solution for BOPP film that can serve as a drop-in replacement for existing virgin film production." Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)

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