BC Jindal Group announces strategic reorganization

The BC Jindal Group has announced a strategic reorganization of its global operations under a unified leadership team dispelling rumors about exiting its international packaging business. 

This move highlights its dedication to expanding and strengthening global business. Over the last 10 years, the group has invested significantly in specialized packaging films across the globe, via multiple acquisitions. The global operations include multiple manufacturing plants in the US, Italy, Belgium, Germany and France. 

 The group supports global sustainability goals through its technology center in Virton, Belgium. 

Recently, the group invested heavily in a BOPP/BOPE production line at its Brindisi plant in Italy, set to increase capacity by 25 percent. 

The group recently consolidated its US business at Shawnee, Oklahoma. It is fully focused on improving profitability driven by the coated films business backed by strong technology. 

This business which was earlier being managed as a standalone entity is now under the banner of the Jindal Films global packaging films business and will be supplemented by its plants across other geographies. 

Bhavesh Jindal, said: ‘We remain fully committed to our operations in Europe and the US, and continue to invest in the business. This reorganization will drive our continuous growth and create immense value for the group in our global operations. We aim to remain the preferred partner for technology-driven products and innovative solutions for our customers.’ 

Saurabh Jain, CEO of overseas operations, alongside Jindal Films Europe CEO, Manfred F. Kaufmann and his leadership team, will spearhead strategic initiatives to uphold the group’s market leadership. 

‘As one of the few specialized packaging films manufacturers in Europe and the Americas, I am confident we can leverage synergies across our international plants to enhance business performance and higher profitability,’ said Jain. 

Kaufmann added: ‘Our competitive technological edge in BOPP film specialties is the basis for establishing also a robust BOPE business with our “EthyLyte” film grades. This aligns with our customers’ commitments to fully sustainable and recyclable plastic packaging by 2025. The new hybrid BOPE/BOPP line in Brindisi will provide the necessary capacity and technological advancements to support our customers.’ 

BC Jindal Group is over seven-decades old industrial conglomerate with interest in PP/PET/PA based flexible packaging films, downstream steel products, power plant, non-woven fabrics and a photographic business. The group’s manufacturing operations span across India, Europe and the US with a group turnover of USD 2.5 bn.