Bajaj

Now, with a new office in Shenzhen and a booth at the 2009 Propack China trade show in Shanghai, the PET film company is tapping into a new market.

“The market in Southeast Asia is a particular focus for us,” said Raunaq Singh Bajaj, a sales and marketing manager at Polyplex (Thailand) plc. “And China is one of the fastest-growing markets.”

As the fourth-largest global supplier of PET films, Polyplex touts its reliable supply and range of chemical-coated and other specialized films. This enables the company to offer flexible solutions to its customers, Bajaj said.

“We’re confident we’re offering more value to our customers,” Bajaj said.

The films that Polyplex specializes in are used for a range of food-packaging applications, including heat-sealable bags, twist films for candies and a range of other packaging options. The food industry is relatively recession-proof, and demand for food packaging has not slackened in the last few months, he said.

In fact, the company is in the midst of increasing capacity at its India and Thailand plants. The India plant will increase biaxially oriented PET film capacity by 31,000 metric tons per year and add a biaxially oriented polypropylene film line. In Thailand, a 10,000 metric ton per year PP line will be added as well as 31,000 metric tons of PET film.

The company’s Shenzhen office currently has two employees, but Bajaj expects the operation to expand quickly. Polyplex also is looking at developing a warehousing facility in China and, if the PET film market continues to expand, a manufacturing facility could be in the cards.