EPL and Indovida signed definitive agreements to merge their flexible and rigid PET packaging businesses into a group valued at about USD 2 billion with roughly USD 1 billion in revenue. Indorama Ventures will hold 51.8% and Blackstone 16.6%, pending regulatory and shareholder clearances.
Rajshree Polypack received a repeat order worth about ₹3.09 crore from a wholly owned subsidiary of a global confectionery company to supply plastic rigid sheets, to be delivered by September 2026.
Indian packaging manufacturer Rajshree Polypack Limited has secured a commercial order worth ₹30.9 million for supply of rigid plastic packaging products and sheets, disclosed to stock exchanges on July 21, 2026.
Rajshree Polypack Ltd secured a repeat order worth about INR 2.07 crore to supply plastic rigid sheets to a listed Indian packaging manufacturer majority-owned by a Finland-based group, to be completed by August 2026.
RFBL Flexi Pack Limited received a domestic order worth ₹20 crore from 3B Films Limited to supply transparent and metallised films, to be executed within four months. The order was disclosed in an exchange filing.
RFBL Flexi Pack Limited received an order from domestic client 3B Films to supply transparent and metallized films, to be executed within four months. The filing states Rs 20 crore in words but Rs 3.2 billion in figures.
Rajshree Polypack received a repeat order worth about ₹2.94 crore from a domestic packaging manufacturer majorly owned by a Finland-based packaging group. Supply of plastic rigid sheets is due to be completed by July 2026.
Rajshree Polypack Ltd, an Indian rigid packaging manufacturer, has won an order worth INR 47.6 million for customised sustainable packaging solutions from an unnamed client.
Indorama Ventures agreed to merge its Indian packaging unit Indovida India with EPL, a Blackstone-backed company, in a deal reported at about $2 billion. The merger follows Indorama's earlier purchase of a 24.9% EPL stake from Blackstone.
Indorama Ventures' board approved merging its Indovida India packaging unit into listed EPL Limited, with Indorama expected to hold about 51.8% of EPL after completion. The total transaction value is about INR 62,558 million, and completion is expected within 12 months.
Indian packaging company EPL agreed to merge with Indovida, the rigid packaging venture of Indorama Ventures, in a share-swap deal valuing the combined business at about $2 billion. Indorama will hold 51.8% of the combined company and Blackstone about 16.6%.
Loop and Ester Industries' joint venture ELITe awarded Toyo Engineering India a detailed engineering contract for the Infinite Loop India PET resin plant, designed to produce over 70,000 tonnes of PET resin annually.
UFlex plans to invest over Rs 700 crore to expand its packaging film manufacturing line in Dharwad, Karnataka, adding 54,000 MTPA of capacity and lifting its global packaging film capacity to 690,160 MTPA.
Kanpur Plastipack Limited's board approved a 50:50 joint venture with Italy's Essegomma. The article gives no financial terms or product details.
Cool Caps Industries Ltd announced its Kotdwar unit in Uttarakhand received PepsiCo approval to supply snap-on plastic closures for water jars and bottles from 25 September 2025 to 25 September 2029.
Rajshree Polypack has won a repeat domestic contract worth about ₹1.62 crore to supply plastic rigid sheets to a major packaging manufacturer listed on an Indian stock exchange.
Time Technoplast signed an MoU to acquire a 74% equity stake in Ebullient Packaging, a FIBC and packaging maker, at an enterprise value of about ₹200 crore. Completion is expected in 4 to 6 months, subject to due diligence.
Rajshree Polypack Limited has won a repeat international order worth USD 0.40 million from a USA-based food packaging distributor for custom injection-moulded products, to be fulfilled by August 2025.
Rajshree Polypack announced a new order worth Rs 2.58 crore to supply plastic rigid sheets to a listed packaging manufacturer, to be executed by August 2025.
Rajshree Polypack Ltd won a INR 31.7 million order from a domestic FMCG conglomerate for recyclable polypropylene tubs for a dairy-dessert line, to be served from its Unit-IV plant in Daman, with first deliveries scheduled for August.
Cosmo First commissioned a new BOPP packaging film line with capex above Rs 400 crore at its Aurangabad, Maharashtra plant on June 1, 2025. The line has annual capacity of 81,200 MT, raising total BOPP capacity about 40% to 277,000 MT.
kdc/one and Clarion Group signed a joint venture agreement in Chennai to establish kdc/one Clarion Beauty Pvt Ltd, which will build a new injection-moulding and metallized beauty packaging plant in Gujarat within 12 months.
SRF Limited has signed a contract to buy a fourth BOBST EXPERT K5 3650mm metallizer for its factory in India, to be installed in 2026 to increase metallized BOPP capacity.
Aliaxis will invest over Rs 550 crore in India to expand Ashirvad Pipes capacity by 30% through greenfield and brownfield projects, including new plants in Hyderabad and Chennai and upgrades in Cuttack and Durgapur.
Lummus Technology won an award from Petronet LNG to license its Novolen polypropylene technology and provide basic engineering, training and catalyst supply for a new 500,000 tpy plant in Dahej, Gujarat.
Petronet LNG selected Lummus Technology's Novolen polypropylene technology for a new 500,000 tpy plant in Dahej, Gujarat, India. Lummus will provide the technology license, basic engineering, training and catalyst supply.
Coperion and Herbold Meckesheim will build a PET bottle-to-bottle recycling plant with 5,500 kg per hour capacity for Indian preform maker Magpet Polymer, producing food-contact approved PET pellets.
Packem Umasree, a Brazil-India joint venture, inaugurated its first Indian plant near Ahmedabad on 16 April 2024 to make 100% rPET bottle-based FIBC jumbo bags, with monthly capacity of 600 metric tons and about 700 jobs.
Manjushree Technopack has signed definitive agreements to acquire the plastics packaging business of Oricon Enterprises (Oriental Containers), a maker of plastic caps, closures and preforms. The deal is valued at INR 520 crore and adds plants in Goa and Odisha, subject to customary conditions.
PiovanGroup acquired an additional 1% equity stake in Nu-Vu Conair Private Ltd, bringing its collective holding to 51% and consolidating its position in India's plastics and polymer processing market.
Mold-Tek Packaging acquired land in Mahad, Maharashtra for a 1,500-tonne manufacturing plant with an investment of INR 20 crore, to supply pails to Grasim Industries. The plant is expected to be set up by October.
Mold-Tek Packaging opened new rigid plastic manufacturing units in Panipat (Haryana), Cheyyar (Tamil Nadu) and Sultanpur (Telangana) with a total investment of more than INR 100 crore, adding 5,500 tonnes of capacity. The company announced it on January 8, 2024.
Dhunseri Ventures' subsidiary Dhunseri Poly Films has started commercial production at its Panagarh plant in West Bengal, initially making 45,000 TPA of BOPET films. Phase I is a Rs 540 crore investment that is expected to employ over 200 people.
Lubrizol is doubling its CPVC compound manufacturing capacity at its Dahej, Gujarat site from 70,000 to 140,000 metric tons, with operations expected by early 2025. It also plans an R&D center at Dahej.
Lubrizol and Grasim Industries broke ground on the first phase of a 100,000 metric-ton CPVC resin plant in Vilayat, Gujarat, as part of Lubrizol's $150 million India investment. Phase one and a Dahej line are expected to be operational by early 2025.
Manjushree Technopack (MTL), a rigid plastic packaging maker backed by Advent International, signed a collaboration with the bottle-to-bottle recycling division of Ganesha Ecosphere Group to co-develop and supply food and non-food packaging made from up to 100% recycled plastic in India.
Amcor agreed to acquire Phoenix Flexibles, which operates one flexible packaging plant in Gujarat, India, to expand its capacity in India. The deal is expected to close in the September 2023 quarter.
Austrian machinery supplier Starlinger will deliver two recoSTAR PET 165 iV+ bottle-to-bottle recycling lines to Srichakra Polyplast, with delivery expected at the start of 2024. The rPET will supply Coca-Cola India's Kinley water bottles.
ExxonMobil made its first commercial sale of certified-circular Exceed PE polymers in India to UFlex, produced using its Exxtend advanced recycling technology, for use in flexible food packaging.
SB Packagings and Constantia Flexibles have finalised their joint venture after CCI approval, under which SB Packagings acquires C-Flex India entities (Creative Polypack, Aparna Paper, Vibgyor, Parikh Flexibles) in a share swap, with Premji Invest as shareholder.
Constantia Flexibles and SB Packagings have finalised a joint venture, SB-Constantia Flexibles, to make sustainable food and hygiene packaging in India and South Asia, with investment from Premji Invest after Competition Commission of India approval. The JV operates nine plants.
Aliaxis announced plans to build a €48 million greenfield manufacturing plant in Telangana, India, creating about 500 jobs, with production expected in 2024.
Sintex-BAPL transferred its two- and four-wheeler plastic-moulded automotive components business to Plastauto for Rs 110 crore under a business transfer agreement signed March 29, 2023.
Welspun Corp, through subsidiary Mahatva Plastic Products, completed the acquisition of insolvent Sintex-BAPL for Rs 1,251 crore on March 29, 2023. The deal was made under an NCLT-approved resolution plan.
SB Packagings entered a joint venture with Constantia Flexibles, combining Constantia India's operations with SB Packagings to build a packaging platform across India and South Asia. Closure is subject to regulatory approvals and is expected by March end.
Delhi Milk Scheme awarded Rainbow Packaging Pvt Ltd a tender to manufacture, print and supply 262 MT of three-layer co-extruded pigmented polythene film, with a contract value of ₹4.88 crore and a 365-day period of work.
Moldtek Packaging plans capital expenditure of Rs 125 crore in FY23, adding capacity at Sultanpur, Daman, Vizag, Hyderabad and Kanpur units and setting up a second plant at Daman with robotic IML facilities.
Ashirvad Pipes of Aliaxis Group agreed with the Telangana government to build a greenfield plant with a Rs 500 crore investment to make plastic pipes, fittings and accessories. The project is expected to create over 500 jobs.
Dhunseri Poly Films, a subsidiary of Dhunseri Ventures, announced a Rs 1,250 crore flexible packaging film factory at Panagarh Industrial Park in West Bengal. The first phase will make BOPET film with 45,000 TPA capacity, with commercial operations expected by March 2023.
Berry Global announced plans for a second manufacturing facility and healthcare center of excellence near its existing Bangalore operation, to scale production of ophthalmic, nasal pump, inhalation and injectable products.