Dhunseri Poly Films, a wholly owned subsidiary of Dhunseri Ventures Limited, has set the ball rolling for its greenfield Rs 1,240-crore BOPP (biaxially oriented polypropylene films) film manufacturing plant in Jammu and Kashmir’s Kathua.
Lieutenant Governor Manoj Sinha on 8 June laid the foundation stone for the industrial unit that will be developed in two phases. Two lines with a capacity of 128,000 tons are targeted for commissioning by March 2027 at the Kathua plant.
Incorporated on 28 November 2020, Dhunseri Poly Films is a wholly-owned subsidiary of Dhunseri Ventures, focused on manufacturing biaxially oriented polyester (BOPET) and biaxially oriented polypropylene (BOPP) films. The financial media reports that Dhunseri Poly Films plans to invest around ₹2,240 crore to expand its packaging capacity through a mix of greenfield and brownfield projects in West Bengal and J&K by 2029.
CK Dhanuka, chairman of the Dhunseri group, was quoted by the media as saying, “We have decided to set up this plant here in J&K as part of our commitment to give something to the country and the local people of J&K. This project will give us mental satisfaction. We expect that the entire process of setting up the plant here will be smooth without hurdles.”
At a newly built plant in Panagarh in Bengal, the installation of the first 10.5-meter-wide BOPET line began in September 2023, with production commencing in December 2023, as Packaging South Asia has already reported. Panagarh is about 155 kilometers northeast of Kolkata and just south of Durgapur. Now in its second expansion phase, Dhunseri is establishing its plant in Jammu–Kashmir for putting up two BOPP production lines, as we had written previously.
Currently, the company has an installed capacity of about 51,200 tons of BOPET films at Panagarh. With the addition of film lines at Panagarh and the new facility in Jammu, Dhunseri’s installed capacity by 2029 is expected to reach approximately 120,000 tons for BOPET films and 210,000 tons for BOPP films for a total badge capacity of 330,000 tons of films.
Dhunseri Ventures is a major player in the petrochemical business with plants in India and Egypt. The company had entered into a 50:50 joint venture with Indorama Ventures Public Company, a global petrochemical producer from Thailand.
Indorama Ventures, through its direct subsidiary – IVL Dhunseri Petrochem Industries Limited — and Dhunseri Ventures last year formed a joint venture with Varun Beverages, PepsiCo’s bottling company, to establish several greenfield PET recycling facilities in India.
