Tokyo – September 12, 2022 –Toppan (TYO: 7911), a global leader in communication, security, packaging, décor materials, and electronics solutions, and Max Speciality Films Private Limited (MSFL), a Toppan Group company and one of India’s leading film manufacturers, will participate together for the first time in PackEx India 2022, which will be held at the Bombay Exhibition Centre in Mumbai from September 14 to 16. Toppan and MSFL will present the Toppan Group’s barrier packaging business, including GL BARRIER, a market-leading transparent barrier film, to end users such as Indian packaging manufacturers and food producers.
PackEx India is an international exhibition for packaging materials and technology held every other year in Mumbai and New Delhi. It showcases packaging materials and equipment for items such as food, cosmetics, toiletries, pharmaceutical products, and industrial goods. In 2019 approximately 470 companies participated, and the number of visitors exceeded 10,000.
Leveraging GL BARRIER, which enjoys the leading share of the global market for transparent vapor-deposited barrier films, Toppan has a broad-ranging packaging business with production locations in Japan, other parts of Asia, and North America. In May 2021 Toppan published its Medium Term Plan for the period April 2021 to March 2023, the key concept of which is Digital & Sustainable Transformation. One of the priorities defined in the plan is accelerating expansion of the global packaging business by catering to demand for sustainable solutions and establishing networks facilitating local production for local consumption.
MSFL was founded in 1990 and has its headquarters and manufacturing base in Punjab, India. The company manufactures and sells BOPP films, predominantly for food packaging. After acquiring a 49% stake in MSFL in 2017, Toppan participated in the business as a minority shareholder. Toppan increased its stake to 90% in February this year, bringing MSFL on board as a consolidated subsidiary. Toppan is strengthening its business in the growing Indian market for BOPP films, which are anticipated to see demand as a more readily recyclable mono-material for packaging.
Increased environmental consciousness in recent years is driving worldwide demand for sustainable packaging materials. Fusing Toppan’s barrier film and packaging businesses with MSFL’s marketing capabilities and extensive knowledge of the film sector and Indian landscape, the two companies will showcase GL BARRIER and packaging technologies as they look to expand the Toppan Group’s presence in one of the leading markets in the Asia/Oceania region.
Solutions on show
GL BARRIER is Toppan’s proprietary range of transparent barrier films. With world-class barrier performance enabled by unique vapor deposition and coating technologies and an extensive lineup for diverse applications, GL BARRIER is a leading brand recognized in markets throughout the world, including Japan, Europe, the Americas, and Asia.
At PackEx India, Toppan will present its film products as well as barrier packaging in the form of microwavable packaging and paper-based composite containers.https://www.toppan.co.jp/
As a new addition to the GL BARRIER lineup, Toppan has developed packaging that delivers excellent performance in terms of barrier properties and other characteristics while employing mono-material compositions, such as polypropylene (PP) or polyethylene (PE), rather than laminating multiple materials to fulfill different roles. The superior suitability for recycling of these packaging materials has been recognized by multiple European recyclability assessment bodies.https://www.toppan.co.jp/
BOPP films deliver superior environmental performance and functionality. MSFL is focused on the BOPP business, supplying films to Indian and international markets, and will showcase their suitability for mono-material packaging, biodegradability, and outstanding barrier performance at PackEx India.
About PackEx India 2022
Dates: September 14 to 16, 2022
Venue: Bombay Exhibition Centre
Organizer: Koelnmesse YA Tradefairs Pvt Ltd.
https://www.packexindia.com/
About Toppan
Established in Tokyo in 1900, Toppan is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. Toppan’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.
For more information, visit https://www.toppan.com/en/ or follow Toppan on LinkedIn https://www.linkedin.com/
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