Polyplex Corporation to Invest ₹558 Crore in New BOPET Film Plant

    Synopsis:

    Polyplex Corporation plans to invest ₹558 crore in a new BOPET film plant, boosting production by 52,400 MTPA. Operations will start in FY2027-28. Polyplex Corporation share price closed at ₹1,355, down 3.58%.

    Polyplex Corporation news today

    Polyplex Corporation Limited will invest ₹558 crore to establish a new BOPET (Biaxially Oriented Polyethylene Terephthalate) film manufacturing plant in India. The plant, designed to enhance production capacity by 52,400 metric tonnes per annum (MTPA), will cater to the growing demand for high-performance polyester films across multiple industries. The company aims to strengthen its position in the specialty films market with this expansion.

    Polyplex Corporation Ltd

    Trade

    1029.610.44 (1.02 %)

    Updated - 09 July 2026
    1042.00day high
    DAY HIGH
    1011.10day low
    DAY LOW
    41384
    VOLUME (BSE)

    Key takeaways

    • Investment Amount: ₹558 crore (approx. $65 million).

    • Production Capacity: 52,400 MTPA of BOPET films.

    • Expected Operations Start: FY2027-28 (first half).

    • Funding Source: Debt and internal accruals.

    • Current Production Capacity: 90,000 MTPA of BOPET and BOPP films combined.

    • Polyplex Corporation share price: Closed at ₹1,355, down 3.58%.

    Growing demand for BOPET films

    BOPET films are widely used in industries such as food packaging, electrical insulation, and industrial laminates due to their superior strength, transparency, and barrier properties. Polyplex Corporation’s new plant will help meet the increasing market demand for these versatile films, particularly in the flexible packaging sector.

    Details

    Key Data

    Investment Amount

    ₹558 crore (approx. $65 million)

    Production Capacity Increase

    52,400 MTPA

    Expected Start Date

    FY2027-28 (first half)

    Current Capacity (BOPET & BOPP)

    90,000 MTPA

    Market impact of the announcement

    Despite the strategic investment, Polyplex Corporation share price fell by 3.58%, closing at ₹1,355 on January 9, reflecting cautious market sentiment. The new plant is expected to support long-term growth and boost the company’s competitive edge in the global specialty films segment.

    The expansion marks a significant step for Polyplex Corporation as it aligns its production capacity with growing industry needs, solidifying its leadership in high-performance films.

    Also read: Equitas Small Finance Bank Hikes Savings Account Interest Rates

    Do you have a trading account app or demat account app?

    You can open an account with Bajaj Broking in minutes.

    Download the Bajaj Broking app now from Play Store or App Store.

    Share this article: 

    Published Date : 10 Jan 2025

    Disclaimer :

    Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


    The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes. The securities are quoted as an example and not as a recommendation. Past performance is not necessarily a guide to future performance.

    The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

    Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

    BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.



    Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



    This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

    For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

    Read More Blogs

    Our Secure Trading Platforms

    Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

    QR code to download Bajaj Broking App

    9 lakh+ Users

    icon-with-text

    4.9 App Rating

    icon-with-text

    4 Languages

    icon-with-text

    ₹7,300 Cr+ MTF Book

    icon-with-text
    banner-icon

    Open Your Free Demat Account

    Enjoy low brokerage on delivery trades

    +91

    |

    Open Your Free Demat Account

    Enjoy low brokerage on delivery trades

    +91

    |