Islamabad, Jan 14: Cherat Packaging Limited (PSX: CPPL) has announced a strategic move to further bolster its production capabilities by acquiring a second Extrusion Plant, specifically a state-of-the-art Barrier Film Extrusion Line, accompanied by the necessary allied equipment.
This investment, which amounts to an estimated Rs. 1.40 billion, marks a significant step in the company’s commitment to scaling its operations and catering to the ever-growing demand for high-quality packaging solutions.
The expansion will be financed through a long-term loan, allowing CPPL to effectively manage its financial obligations while continuing to strengthen its market position. The company has confirmed that the installation of the Barrier Film Extrusion Line is slated for completion by April 2026, positioning the company for enhanced operational efficiency in the years ahead.
The Barrier Film Extrusion Line will be sourced from Windmöller & Hölscher, renowned as the global leader in providing equipment for the packaging industry. This ensures that CPPL will be equipped with the latest and most advanced technology, offering a competitive edge in the flexible packaging sector. By incorporating this new plant, CPPL aims to significantly enhance its Flexible Packaging Division, driving up production capacity and ensuring the timely delivery of high-quality products to meet the increasing market demands.
Cherat Packaging Limited continues to specialize in the manufacturing, marketing, and sales of paper sacks, polypropylene bags, and flexible packaging materials. This expansion reflects the company’s forward-thinking approach, further solidifying its position as a key player in the packaging industry.
CPPL will optimize resource use and expand its manufacturing footprint to deliver more value to customers and stakeholders, driving growth and profitability.
With the new addition to its production line, Cherat Packaging Limited will boost its industry reputation, deliver superior products, and stay at the forefront of packaging while ensuring sustainability and efficiency.
