Polyplex Corporation Limited operates in the Unsupported plastics film & sheet sector. Polyplex Corporation Limited is engaged in producing plastic films, which are used in the flexible packaging industry. The plastic films produced by the Company include polyethylene terephthalate (PET), biaxially oriented polypropylene (BOPP) and casted polypropylene (CCP). The Company is also engaged in businesses like silicone coating and extrusion coating. The Company's businesses are: PET film business, BOPP & CPP films business, silicone coating and extrusion coating businesses. The Company has manufacturing facilities in India, Thailand and Turkey and a distribution setup in the United States and China. The Company produces PET films for application in packaging, electrical and other industrial segments, which includes hot stamping foils, thermal lamination, cable wrap, release films, air conditioning ducts etc. During the fiscal year ended March 31, 2011 (fiscal 2011), the Company sold 19% interests in Polyplex (Thailand) Plc (PTL). In
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