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Motilal Oswal

Cosmo Films expects CPP film to contribute 2-3% of total sales in FY20

Updated : April 15, 2019 12:57 PM IST

Cosmo Films on Monday said it expects the recently launched cast polypropylene films (CPP film) to contribute 2-3 percent of total sales in FY20.

CPP films are transparent films designed to offer high performance, great appearance and easy converting for flexible packaging and other applications.

"By the end of the first year of this product, it should be 2-3 percent of our sales because we will have to educate the brands, get the trials done and in the times to come, this product has the potential to be anywhere between 5 percent and 8 percent of our total sales," said Pankaj Poddar, CEO, Cosmo Films.

The company has just launched this product and multiple brands, including international firms, are showing a keen interest, Poddar said.
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