JPFL Films to double Capacitor Film capacity with Rs 250 crore investment by 2025

BC Jindal Group company, JPFL Films Pvt Ltd, is planning to double its Capacitor Film capacity with an investment of Rs 250 crore. The investment is expected to be completed by 2025. Two months ago, the company announced a similar investment for expanding its Biaxially Oriented Polypropylene (BOPP) film production, aimed at the packaging industry. JPFL Films, a subsidiary of the flexible packaging giant Jindal Poly Films Ltd, has been on a continuous expansion spree to meet 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 are also attributed to its close collaboration with its group company, Treofan GmbH, a long-standing trusted Gold Standard supplier to this industry.

Mahesh N Gopalasamudram, Deputy Chief Executive Officer (Growth Division), JPFL stated, “This expansion is in line with our aim to contribute to the ‘Make in India’ initiative of the government thereby reducing import dependency. With the help of advanced machinery and state-of-art testing facilities, we are working towards supporting the industry to become self-reliant and shorten developmental lead times.”

Gopalasamudram further added, “Supplying films with exceptional breakdown voltage, shorter lead time, robust supply chain and consistent quality is our commitment to the industry. Our enhanced capacity will ensure steady supply of locally manufactured world class technical films, supporting the growth of various industries, including electronics, automotive, and energy storage.”

Advanced machinery
JPFL has employed advanced machinery capable of modifying the film surface roughness on both sides and creating multiple metalizing patterns according to the end-customer needs. A distinctive feature of the capacitor films by JPFL is the film’s high breakdown voltage, a crucial characteristic that has shown consistent improvement through ongoing process refinements.

The company also has world-class testing facilities including sophisticated pin hole testing to ensure that every product meets the highest standards of quality and reliability. JPFL offers all variants of polypropylene (PP)-based Capacitor films base films, Hazy films and Metalized Capacitor films. These metallized capacitor films can be manufactured in various patterns and designs, including impregnated films.

It is with great pleasure that we acknowledge encouraging feedback from TDK corporation, one of the world’s largest electronic components manufacturers: “We would like to express our appreciation for the services and product quality you have provided so far. For our standard applications, your BOPP films have met our expectations, and we are pleased with the overall performance.”

This strategic expansion highlights the company’s commitment to technology, quality, cost optimization and innovation, leading to enhanced customer satisfaction. As the capacitor films market continues to evolve, Jindal is better equipped to meet the opportunities that lie ahead, reinforcing its status as an industry pioneer and reliable partner for businesses worldwide.

BOPP film expansion
In August 2024, the company announced an investment of Rs 250 crore on the expansion of BOPP film production for applications in the packaging industry. The proposed capacity expansion will take place at its Nashik, Maharashtra, plant. The present expansion will include 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 capacity expansion is part of the company’s strategic focus on the BOPP segment and aligns with its aim to increase market share amidst challenging demand-supply imbalances, which are leading to ongoing pricing pressures in the sector.

The expansion comes in the backdrop of impressive top-line growth accompanied by a 142 percent rise in Earnings Before Interest, Debt, and Amortization (EBITDA) in April-June 2024 quarter and to maintain its market leadership despite business headwinds. The new line is expected to be the most advanced in the market, boasting 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 has a total BOPP production capacity of 294,200 tonnes per annum. Additionally, the company enjoys a cumulative Biaxially Oriented Polypropylene Terephthalate (BOPET) production capacity of 170,000 tonnes per annum, cast polypropylene (CPP) capacity of 33,600 tonnes per annum. The BC Jindal Group is involved in diverse businesses including polyester and polypropylene films, power generation, cold rolled sheet strips, galvanized sheets, etc.

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 capabilities were strengthened by acquisition in November 2003 of Rexor S.A.S, in France, which produces metallised and coated films as well as tear tape, stamping foil, security thread and other high-value products.

Jindal Poly Films
JPFL started the flexible packaging films business in 1996 and has grown into an over US$ 500 million turnover company with 2500+ workforce. JPFL focuses on building trust with and creating value for all stakeholders through its scale, innovation, advanced technologies and cost efficiencies. The company has demonstrated growth via the execution of capital-intensive projects and multiple acquisitions. JPFL Films, a key subsidiary, is the largest flexible packaging films manufacturer in India and provides a one-stop solution to its customers across all segments. Its Nashik Plant is the world’s largest single location facility for the manufacturing of flexible packaging films.

The US$ 2.5 Billion B. C. Jindal Group is amongst India's leading business houses. Established in 1952, the group has a diverse workforce of more than 10,000 people across India, Europe and the US. Key business verticals include flexible packaging films, energy generation and downstream steel products. The Group has a continuous growth agenda with a successful track-record of executing capital-intensive projects & multiple global acquisitions.


DILIP KUMAR JHA
Editor
dilip.jha@polymerupdate.com