Jindal Films Europe, a manufacturer of specialty biaxially oriented polypropylene (BOPP) films, announced the initiation of a broad reinvestment strategy. JFE will increase Metallizing & Extrusion capabilities at its Brindisi site.
A world-class 10.5 m orientation line will be installed by Q4, 2016, increasing capacity by more than 50,000 tons per year and further improving production flexibility. The Metallizer is expected to start-up in Q2, 2016 and will add 10,000 tons of metallization capacity.
"This investment reinforces our commitment to providing customers with a long term supply strategy and strong technology", confirms Alessandro Fontanarosa, Brindisi Operations Director. "We have a wide range of quality products, and continue to focus on expanding our reach with next generation solutions".
"This investment strategy underscores the confidence we have in our employees, our customers and our suppliers to aggressively grow the specialty films business - said the CEO & Executive Vice President Jindal Films, Scott Van Winter. We're able to leverage exceptional technology and a solid asset base with a global presence, enabling us to provide solutions everywhere in the world."
Jindal Films is a global leader in the development and manufacture of specialty oriented polypropylene (OPP) films, including multilayer white opaque films, metalized films and coated films, for flexible packaging, labeling & other applications. The company is renowned for the global supply of high-quality products which include: Bicor, Oppalyte and Metallyte films for packaging applications, and Label-Lyte film for label applications. Jindal Films has affiliated production plants in Europe (Virton, Belgium; Kerkrade, The Netherlands; and Brindisi, Italy), and in the United States (LaGrange, Georgia; and Shawnee, Oklahoma).