Thursday, 3 October 2013

Epic Update : Jindal Poly Films

Jindal Poly Films has (JPFL) has completed the acquisition of ExxonMobil’s Global business of BOPP, which accordingly has led to change in control. The company, in this respect, had signed the Framework Agreement in the month of October, 2012 and the Sale Purchase Agreement in the month of May, 2013. With this acquisition, the company is one of the leading manufacturers of flexible packaging films globally with a combined capacity of approximately 1.45,000 tonnes per annum for BOPP films.



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