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JPFL Films Pvt Ltd (JPFL Films), a subsidiary of flexible packaging giant Jindal Poly Films Ltd, has announced a significant capacity expansion at its Nashik plant with a capital expenditure of Rs 700 crore. As part of this plan, the company aims to enhance the production capacity of all its existing product lines, including Biaxially Oriented Polypropylene (BOPP), Polyethylene Terephthalate (PET), and Cast Polypropylene (CPP).
The BC Jindal Group company stated in a release that it plans to establish a new BOPP line with a cumulative capacity of up to 42,000 tonnes per annum (Line 10), a new PET line with a capacity of up to 55,000 tonnes per annum (Line 1), and a new CPP line with a capacity of up to 18,000 tonnes per annum (Line 3). All these plants are expected to commence commercial production within two to three years.
Sharing his views on the strategic expansion, Vinod Kumar Gupta, Chief Executive Officer, JPFL Films said, “With this expansion, we are enhancing our ability to meet and exceed customer expectations with a diverse range of high-performance films with focus of majority of the products made on the line towards sustainability and creation of a greener future. Moreover, this move aligns perfectly with our goals of improving operational efficiency and sets us up well to leverage business upturns as we continue to maintain market leadership. This will further strengthen our capacity to serve our customers with enhanced confidence and commitment.”Strategic plan
This capacity expansion is in addition to the ongoing new BOPP Line (Line 9), which was announced in August 2024. It forms part of the company’s strategic focus on the flexible packaging segment and aligns with its goal of increasing market share amidst challenging demand-supply imbalances and ongoing pricing pressures in the sector.
The expansion follows a year-on-year (YoY) growth of around 43 percent in net revenue from operations during the nine-month period of the Financial Year (FY) 2024–25. It aims to help the company maintain its market leadership despite facing business headwinds. Flexible packaging, or packaging in general, is considered one of the most lucrative industries due to its wide applicability in the food and beverage, personal care, and pharmaceutical sectors.
These new lines will be among the most advanced in the market, offering superior width and output capabilities, along with exceptional reliability, equipment quality, and process efficiency. The commissioning of these lines will further strengthen the company’s growth trajectory.
This initiative underscores JPFL Films’ commitment to technological advancement, quality enhancement, and customer satisfaction. As the flexible packaging market continues to evolve, JPFL Films is better positioned than ever to meet emerging challenges and opportunities, reaffirming its status as an industry pioneer and a reliable partner for businesses worldwide.
Capacitor expansion
In October 2024, the company announced plans to double its Capacitor Film capacity with an investment of Rs 250 crore, which is expected to be completed by 2025. Two months earlier, the company had unveiled a similar investment to expand its BOPP film production, targeting the packaging industry. JPFL Films, a subsidiary of flexible packaging giant Jindal Poly Films Ltd, has been on a consistent expansion spree to cater to India’s growing demand for packaging materials.
For the capacitor film expansion, the company is leveraging the technical success of its films with various customers in India. The quick turnaround and success can also be attributed to its close collaboration with its group company, Treofan GmbH, a long-standing and trusted Gold Standard supplier to this industry.
Advanced machinery
JPFL has employed advanced machinery capable of modifying the film surface roughness on both sides and creating multiple metallizing patterns tailored to meet the specific needs of end customers. A distinctive feature of JPFL's capacitor films is their high breakdown voltage—a critical characteristic that has shown consistent improvement through ongoing process refinements.
The company also boasts world-class testing facilities, including sophisticated pinhole testing, to ensure that every product meets the highest standards of quality and reliability. JPFL offers a comprehensive range of polypropylene (PP)-based capacitor films, including base films, hazy films, and metallized capacitor films. These metallized capacitor films can be manufactured in various patterns and designs, including impregnated films.
This strategic expansion underscores the company’s commitment to technology, quality, cost optimization, and innovation, resulting in enhanced customer satisfaction. As the capacitor films market continues to evolve, JPFL is well-positioned to seize emerging opportunities, solidifying its status as an industry pioneer and a trusted partner for businesses worldwide.
BOPP film expansion
In August 2024, the company announced an investment of Rs 250 crore to expand BOPP film production for applications in the packaging industry. The proposed capacity expansion will be undertaken at its Nashik plant in Maharashtra. This expansion includes a new BOPP line with a cumulative capacity of 60,000 tonnes per annum.
The scheduled capacity expansion is expected to be commissioned between October 2025 and March 2026. This initiative is part of the company’s strategic focus on the BOPP segment and aligns with its objective to increase market share amidst challenging demand-supply imbalances, which are causing ongoing pricing pressures in the sector.
The expansion comes against the backdrop of impressive top-line growth and a 142 percent rise in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) during the April–June 2024 quarter. It also aims to maintain market leadership despite business headwinds. The new line is expected to be among the most advanced in the market, offering superior width and output capabilities along with exceptional reliability, equipment quality, and process efficiency. It can produce high-OD rolls up to 1,700 mm, optimizing efficiency for downstream processes such as metallizing.
JPFL Films currently has a total BOPP production capacity of 294,200 tonnes per annum. Additionally, the company boasts a cumulative Biaxially Oriented Polyethylene Terephthalate (BOPET) production capacity of 170,000 tonnes per annum and a Cast Polypropylene (CPP) production capacity of 33,600 tonnes per annum. The BC Jindal Group, to which the company belongs, is engaged in diverse businesses, including polyester and polypropylene films, power generation, cold-rolled sheet strips, and galvanized sheets.
DILIP KUMAR JHA
Editor
dilip.jha@polymerupdate.com