Polyplex showcases sustainable film innovation at Interpack

Polyplex Corporation stepped onto the world's largest packaging trade platform, Interpack 2026 (7–13 May, Messe Dusseldorf), with a clear message: sustainable flexible packaging is no longer a future priority, it is the present business.

The Indian PET film manufacturer, ranked second globally (ex-China) in thin BOPET film capacity with approximately 10% global market share, participated in the show through two presences. Polyplex Europa, its Turkish manufacturing arm, exhibited at Hall 7, Stand C14, while Polyplex also featured as a co-exhibitor at the Taghleef Industries stand at Hall 9, Stall B-21, one of the more distinctive collaborative formats at the show.

The partnership with Taghleef Industries, announced ahead of the event, was built around the theme "Expanding the Possibilities of Packaging Together." The shared booth presented film technologies across five structured innovation stations, covering bio-based and recycled-content films, mono-material structures for recyclability, thinner gauge films for yield efficiency, and flexible formats enabling the transition from rigid to flexible packaging. The collaboration reinforced a broader industry shift: innovation in films increasingly emerges from shared expertise across the value chain rather than individual company efforts alone.

A focused flexible packaging showcase

Polyplex's core business is films for flexible packaging (BOPET, BOPP, CPP, and Blown PP/PE), and Interpack gave the company a platform to highlight the breadth of that portfolio to a global audience. The company's Sarafil base films underpin a wide range of flexible packaging applications, with properties including transparency, flexibility, and high tensile strength that make them suitable for food packaging, FMCG, personal care, and industrial applications.

Increasingly, however, the conversation at trade events like Interpack has turned to sustainability, and Polyplex has been building its green portfolio accordingly. Its sustainable films range addresses multiple environmental vectors: source reduction, low greenhouse gas emissions, biodegradability, bio-based content, and post-consumer recycled (PCR) content.

The company's rPET films are available in thicknesses from 10 to 250 microns and can incorporate up to 90% post-consumer recycled content, a specification that positions the range squarely within the requirements of emerging Extended Producer Responsibility (EPR) frameworks across key markets. A variant combining bio-based content with 70% PCR is also part of the portfolio.

Polyplex's Bio PET films, marketed under grades including Plant PET, incorporate 32% bio-based components derived from renewable resources, targeting both packaging and industrial end uses. Alongside these, the company offers Eco PET100, an antimony-free PET film aimed at the label and print packaging segments where material transparency is a growing buyer requirement.

On the biodegradable front, grades GD110, GD151, and GD103 extend the portfolio for converters and brand owners seeking certified end-of-life options.

The company has also developed Green Wrap PET Film, a sustainable alternative to conventional confectionery packaging, which replaces PVC twist wrap film in the confectionery industry. Similarly, Polyplex has developed metallised barrier PET film as a substitute for aluminium foil in certain food packaging applications, delivering both cost reduction and a lighter-weight material solution.

Closing the loop: EcoBlue in Thailand

Polyplex's sustainability narrative extends beyond the film itself. Through its dedicated recycling affiliate, EcoBlue in Thailand, the company has invested in circular infrastructure that processes materials including films, label liners, and laminates into high-quality rPET, rPP, and rHDPE resin. This upstream integration gives Polyplex a degree of supply-side control over recycled raw material quality, an increasingly important differentiator as demand for verified recycled content rises.

New addition: TechNova Printrite

Away from the trade show floor, Polyplex completed a significant strategic transaction in the weeks surrounding Interpack. On 30 April 2026, the company finalised its acquisition of a 51% controlling stake in TechNova Printrite Products for approximately INR 62.11-crore (around USD 7.2 million), based on a 100% enterprise valuation of INR 127.21-crore.

TechNova Printrite specialises in polyester, paper, and textile-based substrates for digital print applications. The company recorded a turnover of INR 206.38-crore in FY25, and its portfolio, which spans offset printing plates, chemicals, and advanced print solutions, will be integrated with Polyplex's existing Saraprint division.

The deal was formalised through a Share Purchase Agreement and Shareholders' and Rights Agreement executed on 25 March 2026, with Polyplex acquiring 10,01,487 equity shares. The remaining 49% stake remains with the existing promoters, ensuring operational continuity. Polyplex has also secured put and call options to potentially acquire the outstanding 49% between the third and fifth years of the transaction.

The move signals Polyplex's intent to reduce its reliance on the cyclical base film market by building a higher-margin, value-added presence in digital print media, a sector projected to grow at a 13% CAGR in India. It also extends Polyplex's footprint further into the flexible packaging print value chain, where digital label printing and specialty print applications on flexible substrates are fast-growing areas.

Company at a glance

Polyplex Corporation, headquartered in Noida, Uttar Pradesh, has been in operations for 37 years and operates seven manufacturing facilities across five countries: India, Thailand, Turkey (Polyplex Europa), the USA, and Indonesia. The company supplies approximately 2,735 customers in 86 countries, spanning Europe, the Americas, the Indian subcontinent, Far East, Asia Pacific, and the Middle East.

Its total PET film capacity stands at 4,78,500-metric tonnes per annum (including upcoming capacities). On a consolidated basis, the company reported revenues of INR 6,885-crore for FY2024–25, with a net profit of INR 358-crore. Its trailing twelve-month (TTM) revenue stands at approximately INR 6,955-crore. The company's USD turnover is approximately USD 826-million, with a workforce of around 2,850 employees globally.

All Polyplex manufacturing locations hold ISO 9001:2015 and ISO 14001:2015 certification.