Company's History

During 2004-05, PTL had taken steps to setup a Polyester film plant in Turkey and had for this purpose formed a Company in Turkey, Polyplex Europa Polyester Film San. Ve Tic. A.S. (PE). Over a period of 2-3 years, PE has also set up almost matching facilities for manufacture of PET films, PET chips and Metallized Films. An investment in a PET film line, Polyester chips line and Metallised film line has been approved by the PTL board for Turkey, in July 2010, and is expected to be commissioned in 15-18 months from financial closure.

In May 2011, the board of PTL approved the relocation of the Thin PET film line investment which was earlier planned for implementation in Turkey, to USA.

The details of the capacities of the Polyplex group are as below:

Plants Installed Capacity (MT p.a) Remarks
Polyplex Corporation Ltd. (PCL)**
PET Film
(Thin Film – 2 Lines)
20,000
Commenced commercial production in 1988 and 1996 respectively
Polyester Chips
20,000
For captive use – Commenced commercial production in 1997
Metallized film
(Line 1)
4,800
Commenced commercial production in 2003
Silicone Coating Line
160 million square mtrs
Commenced commercial production in 2007
PET Film
(Thin Film line 3)
31,000
Commenced commercial production in Q4 of FY 2009-10
Polyester Chips
(Line 2)
57,600
Commenced commercial production in Q4 of FY 2009-10
Metallized film
(Line 2)
5,300
Commenced commercial production in Q4 of FY 2009-10
BOPP Film
35,000
Commenced commercial production in Q4 of FY 2009-10
Polyplex (Thailand) Public Co. Ltd. (PTL)*
PET Film
(Thin Film - 2 lines)
48,000
Commenced commercial production in April 2003 and November 2003 respectively
Polyester Chips –
(Batch Polycondensation +Continuous Process)
57,000
Mostly for captive use - Commenced commercial production in September 2004 (Batch) and February 2005 (Continuous process) respectively
Metallized film
(2 Lines)
16,200
Commenced commercial production in July 2005 and May 2008 respectively
Extrusion Coating Line
9,000 (300 million sq.mtrs.)
Commenced commercial production in April, 2008
CPP Film
(Plain + Metallized CPP Film)
15,600
Commenced commercial production in March 2010
Silicone Coating line
725 million square mtrs
Commenced commercial production in March 2012
PET Thick Film line
28,800
Commencement of commercial production is expected by H1 of FY 2013-14
Polyester Chips (Batch Process Chips manufacturing facility – for Thick PET film line)
28,800
Blown PP Film line
4,645
Commencement of commercial production is expected by H1 of FY 2013-14
Extrusion Coating Line -2
215 million sq.mtrs
Commencement of commercial production is expected by H1 of FY 2013-14
Polyplex Europa San. ve Tic. A.S. (PE)**
PET Film
(Thin Film – 2 lines)
58,000
Commenced commercial production in December 2005 and May 2008 respectively
Metallized film
(2 Lines)
11,000
Commenced commercial production in March 2006 and May 2008 respectively
Polyester Chips
57,600
Mostly captive use – Commenced commercial production in December 2006
Polyplex USA LLC***
PET Thin Film line
31,000
Under implementation in Alabama state, USA and expected to commence commercial production by H2 of FY 2012-13
PET Resin line
57,600
Metallised Film line
8,600

* Capacities for PTL are as approved by the Board of Investment (BOI)
** Due to attainment of high utilization levels (>100%), all attainable capacities within the group have been restated from FY 2009-10 onwards
*** New company formed in USA, which is a 100% subsidiary of Polyplex (Thailand) Plc, through a holding company Polyplex America Holdings Inc (PAH)