“It is the experience that we have acquired while manufacturing blown films for over two decades at Ikon Multipack that gave us the confidence to move towards 5-layer polyolefin dedicated (POD) film and venture into CI flexo printing. This is a kind of forward integration for us,” says Prakash Patel. Ikon Multipack will continue to function as a separate unit.
Pentaflex Films will operate from a brand new 65,000 square foot facility close to Ikon Multipack in Vadsar. The new plant is ready and the machine installation is in progress and it is expected to be commissioned by July this year. The plant will be state-of-the-art facility with all the modern equipment. In terms of technology, Pentaflex Films will have a Bobst 8-color MW 125F CI flexo, a 5-layer blown film line by Kabra-Gloucester made in the US, a slitting machine from Kalpvrux, a 2-color rotogravure press and a cast line. The total investment in the factory and equipment is close to Rs. 50 crore.
Inching up the value chain
As the Indian packaging demand is expanding, there is a clear trend of many blown film manufacturers entering the converting space with in-house printing capabilities to add value. For Pentaflex Films, as a new entity in the flexible packaging printing segment, it was important to optimize productivity to be competitive in a severely competitive market, says Mukesh Makwana.
“Pentaflex Films is a first-time printer and when buying a CI flexo press, it was important for us to bear in mind that the press has everything so that we did not have to buy anything else. The press needed to be fully configured one so that it is fully operational with the press of one button. Our aim is to have enhanced efficiency which will help in reduce overall cost of production. The Bobst MW 125F fit the bill perfectly and was the right choice from a new entrant’s point of view,” says Makwana.