The B.C. Jindal Group has dispelled rumours about exiting their worldwide packaging enterprise by saying a strategic reorganization of their international operations underneath a unified management crew. This transfer highlights their dedication to increasing and strengthening their international enterprise.
Over the final 10 years, the group has invested considerably in specialised packaging movies throughout the globe, through a number of acquisitions. The international operations embody a number of manufacturing vegetation within the US, Italy, Belgium, Germany and France.
As a pioneer in sustainable options, the group helps international sustainability objectives by their cutting-edge know-how centre in Virton, Belgium.
Recently, the group invested closely in a state-of-the-art BOPP/BOPE manufacturing line at their Brindisi plant in Italy, set to improve capability by 25%.
The group just lately consolidated their US enterprise at Shawnee, Oklahoma. They are totally centered on bettering their profitability pushed by the coated movies enterprise backed by robust know-how. This enterprise which was earlier being managed as a standalone entity is now underneath the banner of the Jindal Films international packaging movies enterprise and will probably be supplemented by their vegetation throughout different geographies.
“We remain fully committed to our operations in Europe and the US, and continue to invest in the business,” acknowledged Mr. Bhavesh Jindal. “This reorganization will drive our continuous growth and create immense value for the group in our global operations. We aim to remain the preferred partner for technology-driven products and innovative solutions for our customers.”
Mr. Saurabh Jain, CEO of Overseas Operations, alongside Jindal Films Europe CEO, Mr. Manfred F. Kaufmann and his management crew, will spearhead strategic initiatives to uphold the group’s market management.
“As one of the few specialized packaging films manufacturers in Europe and the Americas, I am confident we can leverage synergies across our international plants to enhance business performance and higher profitability,” mentioned Mr. Jain.
Mr. Kaufmann added, “Our competitive technological edge in BOPP film specialties is the basis for establishing also a robust BOPE business with our ‘EthyLyte’ film grades. This aligns with our customers’ commitments to fully sustainable and recyclable plastic packaging by 2025. The new hybrid BOPE/BOPP line in Brindisi will provide the necessary capacity and technological advancements to support our customers.”
B.C. Jindal Group is over seven-decades previous industrial conglomerate with curiosity in PP/PET/PA primarily based versatile packaging movies, downstream metal merchandise, energy plant, non-woven materials and a photographic enterprise. The group’s manufacturing operations span throughout India, Europe and the US with a gaggle turnover of ~USD 2.5 bn.
