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SRF Limited announced the setting up of a second BOPET film line and a resin plant at its existing location in Rayong, Thailand, by its wholly owned subsidiary SRF Industries (Thailand) Limited, at an investment of approximately $60 million. The new line will have a capacity of about 40,000 metric tonnes per annum and is expected to become operational in about two years.
“SRF Limited announced today the setting up of a second Bi-axially Oriented Polyethylene Terephthalate (BOPET) film line and a Resin plant in Thailand at an investment of approximately US$ 60 million.”srf.com
Summarized from public sources; check the original articles before acting on it.