BP Plastics: Malaysian cast film maker adds capacity
Thursday, April 6th, 2006One of Malaysia’s largest cast film manufacturers, publicly traded BP Plastics Sdn. Hhd., paid nearly 17 million Malaysian ringgits (37.5 million yuans) to add nine-layer extrusion capacity and boost its exports to the United States, Japan and other major markets.
The Batu Pahat, Malaysia-based firm added a nine-layer Battenfeld Gloucester extrusion line at the end of December and nearly doubled its manufacturing space, in a bid to tap into higher-margin products such as stretch cast film and grow beyond its Southeast Asian base. While Southeast Asia still will account for 80 percent of the firm’s sales. The company spent about 16.7 million ringgits ($4.5 million) on the extrusion line and related equipment, and additional funds building a factory to house the machine, giving the firm about 23,225 square meters of manufacturing space. All of BP’s film manufacturing is in Batu Pahat.
The company is one of the three largest cast film extruders in Malaysia, where the market is growing quickly and the country is becoming a significant exporter of cast film, with an estimated 15,000 metric tons per month.