Polyplex Corporation Limited — Important, 26-03-2025: Commencement of commercial production/operations

Polyplex Corporation Limited has announced a board meeting on the commencement of commercial production of a new brown field BOPET thin film line by its step-down subsidiary, Polyplex (USA) LLC. This line, with a capacity of 50,000 MT p.a., increases total capacity in the US to 81,000 MT p.a. Additionally, the existing PET resin plant’s capacity has been debottlenecked from 58,000 MT p.a. to 86,000 MT p.a. These expansions are likely to enhance operational efficiency and growth prospects, presenting a positive outlook for investors in the competitive PET market.