Cosmos Films, a leading packaging solutions provider, is planning to put up a new line for producing 65,000 tonnes of bi-axially oriented polypropylene (BOPP) films at its existing facility at Vadodara, Gujarat. It will complete the new line by January 2017. Estimated cost of the project is around Rs.200 crore. The company intends to raise a debt of Rs.140 crore and fund the rest from internal accruals.
Extracted from HBL, Oct 09,’15