Cosmo First and Filmax Corporation (Filmax), Korea, have incorporated a Joint Venture Company named ‘Filmax Cosmo Korea’, to undertake and carry out the distribution, sales and marketing of flexible packaging and other products manufactured by the two companies. The company and Filmax have subscribed to the initial paid up capital of joint venture in the ratio of 50:50.
Earlier, the company had executed agreement with Filmax Corporation, Korea to form a Joint Venture Company in Korea.
Cosmo First is a global leader in specialty films and an emerging player in speciality chemicals (Masterbatches, Adhesive, & Coating), Cosmo Plastech and Cosmo Sunshield, along with a digital-first Omni channel Pet care business under the brand name ‘Zigly’.
