OUR STORY
Since inception in 2002, PTL has grown from a single-line facility into more than half a billion dollar turnover multinational, with manufacturing and distribution facilities in India, South East Asia, Europe and the Americas and China.
The Company’s model of expansion has helped move closer to its regional markets to deliver more efficiently and cost-effectively to its customers. Our fully integrated green-field film lines with upstream resin plants and downstream metallizers and other offline coating capabilities ensure cost-competitiveness, environmental friendly besides bringing the advantages of a single-point supply for a portfolio of film products to our customers. We have a unique model of on-shore, off-shore and near-shore business locations which complement our focus on customer relationship, access & intimacy.
POLYESTER (PET) FILM
Thailand
Having begun with a single PET thin film line in 2003, PTL doubled its capacity in the same year by adding the second thin PET film line with a similar capacity and followed it up in 2004/2005 with the commissioning of a batch-process resin plant and a continuous-process resin plant, thereby making it completely self-sufficient in PET resin. In its first foray into the thick PET film segment in 2013, PTL has set up a Thick PET film line and batch resin plant in Rayong, Thailand adjacent to its existing facility with an annual capacity of 28,800 MT for the film plant and 28,000 MT for the resin plant.
Turkey
In 2005, PTL extended its manufacturing footprint into Turkey, moving closer to the European and Mediterranean markets and firmly establishing Polyplex as a global company. Through its subsidiary Polyplex Europa (PE), a facility was set up in the European Free Zone at Çorlu, Turkey.
PE began with a thin PET film line with a capacity of 29,000 tons per annum and in 2006, a continuous process PET resin plant was added for meeting its captive requirements. Two co-generation power plants of 4 megawatts each were installed to provide greater power security for the facility. In 2008, a second thin PET film line with a capacity of 29,000 tons per annum was commissioned, taking the total capacity to 58,000 tons per annum of base thin PET film.
In September 2013, PE incorporated a 100% owned distribution subsidiary in Turkey by the name of POLYPLEX PAKETLEME ÇÖZÜMLERİ SANAYİ VE TİCARET ANONİM ŞİRKETİ to facilitate better market reach in local the Turkish market.
USA
Americas accounts for about 12% of the world’s consumption of thin PET film and has, since the 90’s, been a significant market for Polyplex group. In 2006, PTL acquired a distribution company in USA and renamed it as Polyplex (Americas), Inc. (PA). In view of the growing American market demand and the absence of new PET film capacity, PTL decided to invest in a manufacturing facility in the USA in 2011. Polyplex USA LLC (PUL) a wholly owned subsidiary of PTL has been incorporated and a green-field facility comprising a thin PET film line was started in April 2013 in Decatur, Alabama (followed by the PET Resin plant in July 2014). In July 2012, Polyplex has acquired some metallizing assets located at Austell, Georgia and have relocated most of these assets to Decatur, Alabama while some had been shifted to other group locations.
China
In 2009, addressing the strategic need to establish a long-term presence in the fast growing Chinese market, PTL incorporated Polyplex Trading (Shenzhen) Co. Ltd. as a distribution entity in China.
Netherlands
In April 2013, Polyplex expanded its market presence in the EU by setting up a wholly-owned distribution company in the Netherlands named Polyplex Europe B.V. The distribution entity is fully owned by Polyplex (Thailand) Public Company Limited (PTL).
Indonesia
In October 2017, a new Company has been incorporated in Indonesia by the name of "PT Polyplex Films Indonesia" as a wholly-owned subsidiary of Polyplex (Thailand) Public Company Limited. This manufacturing location will cater mainly to the domestic market in Indonesia and also the regional / other export markets.