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Markets :: Plastics :: PET

SRF Invests in BOPP Plant in South Africa; Will Soon Complete HFC-134 a Unit in India

7:50 AM MDT | July 8, 2011 | Natasha Alperowicz

SRF (Gurgaon, India), a producer of refrigerants, engineering plastics and technical textile yarns, plans to invest about $70 million in a 30,000-m.t./year biaxially oriented polypropylene (BOPP) film plant at a greenfield site in Durban, South Africa. The company is in the final stages of acquiring the land, says Prashant Mehra, v.p./marketing and strategic sourcing at SRF. The plant, due to begin production in the second quarter of 2013, will be SRF’s second packaging film plant outside India. Last October SRF’s board approved the construction of a...

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