Max Ventures and Industries’ (MaxVIL) subsidiary Max Speciality Films (MSFL) is investing Rs 600 million to install two metallizer lines to meet the increased demand for specialty packaging from packaged food segment with improved shelf life offering 100% reliable laminate options. MaxVIL holds 51% stake in MSFL, while Japanese major Toppan holds 49% stake.
These lines add a thin layer of metal, mainly aluminum to the specialty films being produced by MSFL to enhance the barrier properties and for superior appearance of the packaging.
Max Ventures and Industries, a part of the $3.2 billion Max Group, operates primarily in the areas of manufacturing and real estate.
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