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Max Speciality Films to invest upto Rs 50 cr in new CPP line ​ By IANS | ​ 2 Views Max Hospital Shalimar Bagh. (File Photo: IANS). Image Source: IANS News New Delhi, May 16 : Max Ventures & Industries Ltd's (MaxVIL) subsidiary Max Speciality Films Ltd (MSFL), which manufactures specialty packaging films, will invest up to Rs 50 crore in a new CPP (Cast Polypropylene) line which will have a capacity of 7.2 KTPA (kilo tonnes per annum). The new CPP Line expansion will be funded entirely through internal accruals, said a company statement. Work on the capex will commence in Q2FY22 and is e...

Photo Credit: IANS IANSLive New Delhi, May 16 (IANS) Max Ventures & Industries Ltd's (MaxVIL) subsidiary Max Speciality Films Ltd (MSFL), which manufactures specialty packaging films, will invest up to Rs 50 crore in a new CPP (Cast Polypropylene) line which will have a capacity of 7.2 KTPA (kilo tonnes per annum). To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update...

Max Ventures & Industries' (MaxVIL) subsidiary Max Speciality Films (MSFL), which manufactures specialty packaging films will be investing upto Rs. 50 crore in a new CPP Line which will have a capacity of 7.2 KTPA (Kilo Tonnes Per Annum). The new CPP Line expansion will be funded entirely through internal accruals. Work on the capex will commence in Q2FY22 and is expected to be commercialized in Q2FY23. Demand for the CPP Films has been robust and expanding the capacity will enable MSFL to cater to the growing market for such films. Apart from robust demand these films enjoy, they will also...

Second metallizer line expected to be commercialized in Q3 FY22Max Ventures & Industries' (MaxVIL), subsidiary Max Speciality Films (MSFL), which manufactures specialty packaging films had announced in December 2020 that company will be installing two additional metallizer lines. MSFL has commenced first of the two metallizer lines today, 20 April 2021. These two additional metallizer lines were planned as a part of MSFL's strategy to continue to embark on its specialty journey. Planned with a total capex of Rs. 60 crore for two lines (Rs. 30 crore for each), these metallizer lines will e...

The equity benchmarks reversed trend and hit a fresh intraday low in mid-afternoon trade. Pharma shares extended gains for the fourth day. The Nifty slipped below the 14,350 mark. At 14:26 IST, the barometer index, the S&P BSE Sensex, was down 209.95 points or 0.44% to 47,739.47. The Nifty 50 index lost 37.35 points or 0.26% to 14,322.10. In the broader market, the S&P BSE Mid-Cap index and the S&P BSE Small-Cap index, both advanced 0.80%. Buyers outnumbered sellers. On the BSE, 1765 shares rose and 1051 shares fell. A total of 159 shares were unchanged. Numbers to Track: In the foreign exch...