Cosmo Films evaluating coating in US
Satnam Singh
Pankaj Poddar
MUMBAI — Cosmo Films Ltd. may start chemical coating of films in the United States.
The New Delhi-based company is a global leader in biaxially oriented polypropylene film. The company has plants in India, South Korea and the United States.
"We are considering adding a chemical coating line in our U.S. facility," said Pankaj Poddar, CEO of Cosmo Films, in an interview at the recent Speciality Films & Flexible Packaging Conference in Mumbai.
Cosmo has two U.S. plants, in Addison, Ill., and Hagerstown, Md., plus five warehouses in the United States and Canada. It entered the market in 2009, when it bought the GBC Commercial Print Finishing business of ACCO Brands Corp., which specialized in thermal lamination film.
The decision will come in the next few months.
Poddar said the company also is strengthening its sales and R&D teams in the United States.
Cosmo Films participated in the recent Label Expo Americas 2014 event, where it showed off its range of label films including a top-coated direct thermal printable film.
Established in 1981, Cosmo Films is one of the largest exporters of BOPP films from India. It has installed capacity of 136,000 metric tons.
In India, the company has plants in Aurangabad and Vadodara, plus a new $45 million plant in Shendra that caters to the export market, with 40,000 metric tons of BOPP capacity.