Stock Report

Cosmo Films develops 'TeploR' Heat Resistant Film to facilitate a circular economy



Posted On : 2020-12-17 13:20:33( TIMEZONE : IST )

Cosmo Films develops 'TeploR' Heat Resistant Film to facilitate a circular economy

Cosmo Films Ltd., a global leader in specialty films has successfully developed a new transparent printable bi-axially oriented polypropylene (BOPP) film called "TeploR" with a higher heat resistance.

The FMCG brands and the entire packaging industry are aiming to recycle waste generated from flexible packaging. BOPP films have an excellent recyclability however; most of the flexible packaging is made with different plastic materials making it difficult to recycle.

TeploR has been engineered to work as a printing layer allowing mono material structures in multi-layer laminates for various packaging applications in both food and non-food segments. The film has excellent slip properties, good machinability and has a great performance on high-speed VFFS and HFFS machines. It has good thermal stability (no shrinkage) upto 185˚C; way more when compared to conventional BOPP films (145-155˚C).TeploR will prove to be a good replacement in packaging machines where the sealing temperatures are higher.

Commenting on the same, Mr. Pankaj Poddar, CEO, Cosmo Films, said: "The TeploR film has an excellent printable surface at high converting speeds, will not shrink or form wrinkles and can be recycled easily. We have also gone ahead and patented the product in the company's name."

Shares of COSMO FILMS LTD. was last trading in BSE at Rs.452.5 as compared to the previous close of Rs. 451.15. The total number of shares traded during the day was 3797 in over 308 trades.

The stock hit an intraday high of Rs. 455.95 and intraday low of 449.9. The net turnover during the day was Rs. 1717549.

Source : Equity Bulls

Keywords