- Business
- Kanpur Plastipack Limited manufactures and exports flexible intermediate bulk containers (FIBCs), also known as bulk bags or jumbo bags; high-density polyethylene (HDPE) and polypropylene (PP) woven sacks; PP box bags; PP multifilament yarn (MFY); cast polypropylene (CPP) films; and specialized fabrics including Sulzer fabric, ventilated fabric, and circular fabric. The company operates through Plastic Division, Consignment Stockiest Division, Solar Power Division, and CPP Division segments, serving industrial packaging needs for sectors such as chemicals, food, agriculture, and minerals with products like certified food-grade bags, standard bags, and retail protective covers for bikes, gardens, and tiffins. Founded in 1971 and headquartered in Kanpur, Uttar Pradesh, India, it maintains three manufacturing units in Panki Industrial Area, Kanpur, with exports to international markets including Europe, Brazil, and the UK. In March 2025, Kanpur Plastipack divests its CPP film division to SRF Ltd for INR 49.25 crore to focus on core packaging operations. The company announces a INR 1052.6 million capital expenditure plan in November 2025 for FIBC capacity expansion by 1,200 MT per annum, a new non-woven facility, modern roll management system, and trading warehouse at its Unit 3 facility in Gajner Road, Kanpur, with implementation over 12-18 months. It also forms a 50:50 joint venture with Italy's Essegomma S.p.A. in November 2025 to produce and distribute premium polypropylene yarn in India, targeting 1,000 MT annual capacity and estimated INR 25 crore revenue.