Recently, the owner of Treofan has sold its controlling stake in polypropylene film in Europe to the Indian film manufacturer Jindal Film Company for a legally binding agreement. The agreement was signed on August 6 and is expected to be traded. Approval by the regulatory authorities will be completed by one trading day before the end of 2019.
India Jindal Film is a leading global developer and manufacturer of specialty biaxially oriented polypropylene (BOPP) films with production facilities in India, Europe and the US. The company and its subsidiaries have approximately 3,000 sales worldwide. Offices, including North and South America, Europe and Asia. Treofan CEO Dr. Walter Bicker commented: 'The acquisition of Treofan by Kingdal Films will open up a new global strategic direction for the company and its employees. I want to thank us. Commitment and support of current shareholders over the past decade. '
Treofan Group is a leading global manufacturer of biaxially oriented polypropylene film (BOPP film). It is used in packaging, labeling and other technical applications. It has nearly 50 years of experience in the BOPP market, and its brand manufacturing industry provides high quality worldwide. The supplier, with strong innovative solution capabilities, offers high quality film products and tailored smart solutions in more than 90 countries. The Treofan Group has three production sites in Germany and Italy.
BOPP film is a biaxially oriented polypropylene film. Its production is first made of a polymer polypropylene melt through a narrow machine head into a sheet or thick film, and then in a dedicated stretching machine, at a certain temperature and setting At a speed, simultaneously or stepwise in two directions of vertical stretching, and specially processed by cooling or heat treatment.
BOPP film is a very important flexible packaging material, colorless, odorless, tasteless, non-toxic, and has high tensile strength, impact strength, rigidity, toughness and good transparency. But the film is easy to accumulate static electricity, no heat Sealing properties, etc. The initial tear strength of BOPP film is improved after stretching, but the secondary tearing strength is very low. Therefore, there is no incision left on both end faces of BOPP film, otherwise it is easy to tear during printing and compounding. After sealing the adhesive, it can produce sealing tape, which is a market with a large amount of BOPP.