Max Ventures & Industries to invest Rs 60 cr in two metallizer lines
Max Ventures & Industries, subsidiary of Max Speciality Films (MSFL), which manufactures specialty packaging films is investing Rs. 60 crore to install two metallizer lines to meet the increased demand for specialty packaging from packaged food segment with improved shelf life offering 100% reliable laminate options. MaxVIL holds 51% stake in MSFL, while Japanese major Toppan holds 49% stake. These lines add a thin layer of metal, mainly aluminum to the specialty films being produced by MSFL to enhance the barrier properties and for superior appearance of the packaging. MSFL's commitment of ...