Tri-Pack Films Limited’s board of directors meeting

Karachi: Tri-Pack Films Limited (TRIPF) hereby announces that its Board of Directors has approved investment in Cast Polypropylene (CPP) Line 2 Project with & capacity of 9,000 metric tons per annum at a budgeted cost of PKR 1.5 billion. This shall increase the combined CPP production capacity of the company from the present 7,200 tons per annum to 16,200 tone per annum.

The above investment demonstrates Tri-Pack Films’ commitment to course that it caters to the increased demand of CCP films in Pakistan and offer faster delivery, better quality, greater convenience in Pakistan thus offering import subscription, it will also export to other countries in the region.

The project shall be financed with mix of debt and Internal cash generation with the start of commercial production targeted during the last quarter of 2013.

For more information, Contact:
Adil J. Cawasji
Company Secretary
Tri-Pack Films Limited
Plot No. G-1 to G-4,
North Western Industrial Zone,
Port Qasim Authority, Karachi.
Tel: (021) 34720244, 34720247-8
Fax: (021) 34720239-46-45