Manpreet Badal inaugurates Max Specialty Films new line
Railmajra (Ropar)- Max Specialty Films Limited (MSFL), one of India’s leading manufacturers of BOPP packaging films, launched its fifth BOPP films manufacturing line (Line 5) here today thus significantly increasing its capacity from 46.35 KTPA to 80.85 KTPA. The new line was launched at a special inaugural ceremony by Manpreet Singh Badal, Finance Minister, Punjab.
MSFL’s Line 5 is designed to meet trends for recyclability, ultra high barriers and print receptivity. The line will be able to manufacture thicker films with advanced properties making it environment-friendly since it is conducive to recycling and reducing the usage of plastic per pack.
Badal said, “The Max Specialty Films facility is one of the oldest in the region, but also one of the most modern. Over the past 3 decades, the facility has built a sound and sustainable ecosystem in its neighboring areas, creating jobs and contributing generously to local communities as part of its CSR efforts. It also serves as a model for worker welfare and maintaining a cordial work environment. Industry needs to play a proactive role in the development of Punjab and this new facility is a welcome step. I convey my best wishes to the Max Group on their new facility and hope that they will continue to contribute towards the upliftment of their catchment.”
Sahil Vachani, Managing Director and CEO, MaxVIL said, “At MaxVIL, it has been our consistent endeavour to reinvigorate the manufacturing business, especially against the backdrop of the Government’s ‘Make in India’ thrust, and help differentiate it through strategic innovation in an increasingly crowded and competitive market.” Ramneek Jain, CEO of Max Speciality Films said, “With the introduction of Line 5, we expect to benefit from a reduction in our cost per unit.”