Cosmo Films on the pandemic, industry expansion, exports & sustainability
Amongst the fourteen new film lines coming to India in the next 3 years is Cosmo Films' polyester line from Bruckner. Naresh Khanna, editor of Packaging South asia asked Cosmo CEO Pankaj Poddar to annotate on the electric current economic situation, expansion, exports and sustainability. Naresh Khanna
Packaging S Asia – Please comment on the pandemic on two levels — the outset on how it has been for the economy and the flexible flick and packaging industry; and secondly, on how your visitor coped with it and what learnings it caused in the by 14 months. How does the adjacent year look and how do you encounter the economic recovery?
Pankaj Poddar – Packaging existence part of the daily needs was not as much affected. That being said, while things were getting back to normal for all other industries with the passage of time, the second wave has caused even more disruptions in every concern.
The packaging industry shall be in a meliorate position to navigate in this crisis though it is as well facing several challenges of costs going upwards, need coming from just a few sectors putting force per unit area on price, labour issues and other operational challenges.
At Cosmo Films, we take seen this equally an opportunity to accept our business concern completely digital. Customers can now use our online ordering system to directly social club the required categories and quantity without getting on a call with the salesperson.
We have acquired bogus intelligence competence and are working towards complete automation. We are in the process of moving towards newest version of SAP HANA, which is an in-retention, column-oriented, relational database management organisation for customers. Cosmo is rapidly progressing to have the business to a digital epitome.
In the post Covid-xix globe, concerns effectually food hygiene could increment plastic packaging intensity. A change in buying behaviour volition be seen and people would be seen shifting to eCommerce stores.
As a visitor, Cosmo Films is already supplying innovative packaging solutions which are recyclable and can provide a shelf life to food products. We have a consummate range of labelling solutions, synthetic paper and lamination films also.
PSA – Delight annotate on the large expansion that seems to be coming in terms of film lines and flexible packaging capacity — will the market be able to absorb information technology and if and so how?
Pankaj Poddar – With the kind of market nosotros are in, any new expansion volition be easily absorbed. Demand for new products are continuously increasing, and new production lines for different types of products are coming up all across the world. These expansions volition not only help the whole industry grow, just will likewise help cap the increasing demands in the industry. Irrespective, Cosmo Films is expected to be least impacted as it is a niche actor mostly supporting specialty projects of the customers.
PSA – How is Cosmo taking part in this large chapters building?
Pankaj Poddar – Keeping ourselves ahead of the curve, nosotros have gear up a new subsidiary – Cosmo Speciality Chemicals, which was established with a vision of acquiring the cloth auxiliary market in Republic of india and abroad past providing the best and the most competitive products through innovations based on sustainable science.
Nosotros take already announced the commissioning of our specialized BOPET line by the side by side twelvemonth. Speciality BOPET is a niche segment which caters to multiple application segments, with high margins and opportunities for import exchange as well as worldwide exports. The new specialty BOPET line shall be unique and a majority of the products made on the line would focus on sustainability and creation of a greener future as the key theme.
PSA – Please annotate on the prospects of packaging and specialty film exports from India.
Pankaj Poddar – India is already an exporter of packaging and specialty films, just yes, at that place is indeed a large opportunity to abound farther. The government volition have to play a huge role in improving infrastructure and ensuring zip revenue enhancement incidence on exports.
PSA – Delight comment on the sustainability and recycling issues that the flexible packaging manufacture and consumer product industry are facing.
Pankaj Poddar – Every year, we see an increased outcry for sustainability and a reduction of the Carbon Footprint on social media, in world conferences and summits. While this has helped us understand the importance of a sustainable futurity, information technology has also led to several misconceptions nearly the use and recyclability of plastics.
Several solutions of Cosmo Films
Cosmo Films has come out with several solutions to help ease plastic recyclability. We are a focused polypropylene player and our films are made from BOPP and CPP. The two types of films could be used individually for unmarried layer/duplex structures or in combination to form mono-textile laminates without compromising on the aesthetics and performance of the pack. BOPP and CPP films also offering benefit of ameliorate yield and in turn less consumption of plastics and overall bottom laminate price. Cosmo Films is working very closely with several FMCG brands to understand their needs, the needs of the consumer and is then helping them to develop like shooting fish in a barrel to recycle packaging laminates for their products, without compromising the diverse functionalities that a item packaging is supposed to provide.
The Cosmo Films heat resistant and bulwark range of films are appreciated the globe over and customers are apace replacing their one-time non-sustainable structures with mono cloth solutions provided by our company.
Apart from these, the company has also introduced a unique Synthetic Newspaper, which can be used as a replacement of wood pulp based paper in applications like certificates, mark sheets, menu cards, tags and more; thus helping reduce the cut downwards of trees.
Source: https://packagingsouthasia.com/events/cosmo-films-on-the-pandemic/
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