DIC joins hands with Jindal to boost CPP films market in India

The partnership was proposed by the film manufacturer in 2018 when it had entered the CPP film market in India, and after a detailed analysis of the same, both companies have agreed to join forces to develop a mass-production of functional CPP films in the country.

“India, like other countries, is experiencing a greater need for products with performance features that respond better to environmental concerns and sanitation issues. In the food packaging field, demand is increasing for films with performance features that meet such needs. Of particular note, demand for functional CPP film, which contributes to the realisation of reducing plastics, mono-material packaging, is expected to expand in the future,” said a DIC statement.

The deal includes a technology licensing agreement whereby DIC would extend packaging technologies to Jindal Poly Films. The company claims these activities are set to commence within the fiscal year 2021.

With this collaboration, the ink manufacturer is set out to introduce advanced technologies for the Indian market and expand its films business in the country.