PROJECT

Projects

Summary of Investment Information

Project Number

37933

Company Name

SRF LIMITED

Date SPI Disclosed

Feb 5, 2016

Country

India

Region

South Asia

Projected Board Date

Mar 10, 2016

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 28, 2026

Department

Regional Industry - MAS Asia & Pac

Industry

Manufacturing

Previous Events

Approved : Mar 17, 2016
Signed : Mar 19, 2016
Invested : Mar 31, 2016

Sector

Other Plastic and Rubber Products (Including Polypropylene Bags, Housing Components, Containers, etc.)

Project Description

SRF Limited. (“SRF”) is a large producer of bi-axially-oriented polyethylene terephthalate (“BOPET”) Film. It has existing capacities of 60,000 TPA in India and 28,500 TPA in Thailand. SRF proposes to set up another facility for the production of BOPET Film in India with a capacity of 30,000 TPA and metallization capacity of 8,000 TPA (‘the Project”). The greenfield BOPET packaging film facility will be set up at Indore in the state of Madhya Pradesh , a low income state in India at a cost of approximately US$58 million, of which IFC is considering financing up to US$ 40 million. The balance will be financed by SRF contribution.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation