PROJECT

Projects

Summary of Investment Information

Project Number

31885

Company Name

SRF FLEXIPAK (SOUTH AFRICA) (PTY) LTD

Date SPI Disclosed

May 8, 2012

Country

South Africa

Region

Africa

Projected Board Date

Jun 10, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Oct 25, 2023

Department

Regional Industry - MAS Asia & Pac

Industry

Manufacturing

Previous Events

Approved : Jun 8, 2012
Signed : Jul 10, 2012
Invested : Dec 18, 2012

Sector

Man-Made Fibers (Including Nylon, Polyester, Rayon, etc.)

Project Description

SRF Limited (“SRF”), a large Indian producer of packaging films, is setting up a greenfield 26,000 ton per annum (“TPA”) bi-axially oriented polypropylene (“BOPP”) and 5,700 TPA metallizer plant in Durban, South Africa, to produce packaging films catering to various industries including food production and distribution, at a cost of about US$67 million (“Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation