The Company is a pioneer of the five-layer BOPP film in the packaging industry of Pakistan.
The Company started as a greenfield project to manufacture BOPP Films and its manufacturing facility is situated near Manga Chowk, Roohinala, Raiwind By-Pass Road, Lahore, spanning over an area of ~ 6.9 Acres (freehold land
The Company imported its state-of-the-art 8700mm Co-Extruded production line of BOPP films from one of the world's most renowned and largest manufacturer of BOPP film machines, Bruckner Maschinenbau (Germany). The Bruckner production line has name-plate capacity of 41,360 tons p.a. and an operating width of 8700 mm wide films. The Company manufactures an extensive range of BOPP films encompassing Transparent Films (sealable and non-sealable), Metallized Films, White/Cavitated Films, Pearlized Films, and Matt Films of various grades and thickness ranging from 10 to 60 microns. IPAK's manufacturing facilities also include state-of-the-art and technologically advanced Vacuum Metallizing and Slitting machines.
Since its inception, the Company is investing in top-of-the-line latest equipment to cater to the emerging quality needs of the market. Within a span of 4 years, the Company has become a leading player in the local market29 mainly because of its sheer commitment of quality and services to its valued customers. Aiming to provide differentiated flexible packaging solutions to the developing market needs, IPAK emerged from being a single Company to a group of Companies which will provide one window flexible packaging solution to its customers
In April 2020, the Company ventured into its CPP Films project through its wholly owned subsidiary, Cast Packaging Films (Private) Limited (CPF). CPF was incorporated on April 01, 2020, as a private limited company and has established a state-of-the-art production facility at Manga Chowk, Roohinala, Raiwind By-Pass Road, Lahore. The commercial operations of the CPF commenced on April 01, 2021.
The five-layer co-extruded CPP production line has been imported from SML Maschinengesellschaft, Austria, which is one of the largest manufacturers of CPP machines globally. This production line has a name-plate capacity of 9,900 tons p.a and has a working width of 3,300 mm. CPF's manufacturing facilities also includes state-of-the-art and technologically advanced Metallizing and Slitting machines.
High value CPP Films produced through one of the most technologically advanced production lines in Pakistan add depth to the IPAK's overall product portfolio. This places IPAK in a sweet spot, with an edge over its competitors in terms of the enhanced product offerings to the existing customers of its BOPP film products.
There are multiple applications and usage avenues for BOPP and CPP Films. Major distribution and application opportunities include packaging, printing and lamination of food items, electrical appliances, stationary items, garments packaging, liquids (including medicines) and other wrapping formulations. The Company's end consumers of the BOPP and CPP films include leading Fast Moving Consumer Goods (“FMCG”) companies such as Unilever, Procter Gamble, Pepsi, English Biscuits, LU Biscuits, British American Tobacco, Reckitt, Mondeleze, Tapal Tea, etc.
The Company is also in the process of expanding into the manufacturing of BOPET Films through a 52 owned subsidiary, Petpak Films (Private) Limited incorporated in Pakistan as a private limited company on September 20, 2020. PPF has already established the letter of credit for the import of its complete state-of-the-art three-layer Co-Extruded 8,700 mm BOPET production line from Bruckner Maschinenbau (Germany). The name-plate capacity of the production line will be 40,980 tons p.a. which will enable the Company to obtain a significant market share. PPF is in the process of acquiring 18.5 acres of land for the planned production facility which will be situated at Plot No. 1D - 4D at the Quaid-e-Azam Business Park (“QABP”) in Sheikhupura. QABP is a Special Economic Zone and is ideally located on Lahore-Islamabad Motorway at Sheikhupura, linked with all major cities, seaports, and dry ports of the country through a network of national highways and motorways
The Company is Proposed to be listed at the Pakistan Stock Exchange Limited
History
The Company was incorporated on 02, October, 2015 as a private limited company
The Company started its commercial operations on 1 Septemebr 2017
The Company converted into a public limited company on 11,June, 2021.
Headquarters
Plot No. 40-L-1, P.E.C.H.S., Block-6 Near Jason Trade Centre
Karachi; Sindh;
Postal Code: 75400
Contact Details: Purchase the International Packaging Films Ltd report to view the information.
Website: http://www.ipak.com.pk
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service