Loparex – 100% acquisition of joint venture in India
INDIA • The Group has assumed 100% ownership of its India joint venture company, Kaygee Loparex India, which will soon be renamed as Loparex India. It is the country’s largest release liner manufacturer and claims to have 99.9% landfill free facilities.
At its production facility located in Silvassa, near Mumbai, they produce a wide array of custom-engineered silicone coated papers and films which support the diverse release liner needs of key industries including medical, tapes, hygiene, labels, security, composites and other industrial markets. Exports account for around 40 percent of turnover at Kaygee Loparex India, with 60% generated from the domestic market. The Loparex Group, a global supplier of release liners, has further manufacturing, product development and commercial operations in the USA, Europe, China and Thailand.