Business Standard

Sunday, December 22, 2024 | 01:09 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Rajoo Engineers forms JV with Dutch firm Meaf for extrusion technology

The JV will bring in energy-efficient, low-cost sheet extrusion and thermoforming solutions in India

ImageRakesh Rao B2B Connect | Mumbai
Rajoo Engineers forms JV with Dutch firm Meaf for extrusion technology

Meaf’s KMS600 thermoforming machine

The Rajkot-based plastic processing machinery manufacturer Rajoo Engineers has entered into a 60:40 joint venture with the Netherlands-based Meaf Machines BV, a company involved in the sheet extrusion equipment and thermoforming machinery, to address the emerging demand for semi-flexible packaging systems.
 
With product design, technology, processing know-how and critical components coming from the European partner, Rajoo Engineers, one of the leading players in blown film and sheet extrusion lines in India, will further strengthen its position in the sheet extrusion and thermoforming machinery segments. “The constant industry interaction along with a comprehension of the changing needs drove Rajoo to look for a consolidated and contemporary solution to position itself as a one-stop-solution provider for sheet extrusion with inline/offline thermoforming. Such a desire formed the basis of this JV with Meaf Machines," said Rajoo Engineers in a press release.
 
The JV, Rajoo Meaf Engineers Pvt Ltd, will be based in Rajkot and cater to a diverse spectrum of markets such as India and other ASEAN countries, and East, West and North Africa.
 
"The concept of barrier packaging materials for semi-flexible containers, especially disposable containers, is yet to gain momentum in India. However, the strong global demand for semi-flexible packaging and an extremely promising future motivated us to partner with a forward looking company as Rajoo Engineers to build robust and quality solutions in India. This would significantly enhance the value proposition of every buyer in India and beyond," said Ardjan Houtekamer, Technical Director, Meaf Machines.
 
The demand for semi-flexible packaging, especially disposable containers, is expected to rise exponentially in near future. Emergent organised retail, changing institutional demands, growing clamour for hygiene and spiralling costs of energy and labour have made it today a compelling necessity for every packaging company to adopt energy-efficient, high output sheet extrusion, inline/offline thermoforming solutions.
 
The sheet extrusion lines continue to be plagued by energy efficiency issues, with energy typically being the second largest cost component in the total production cost. The high output Rajoo-Meaf solutions in sheet extrusion is expected to offer solutions to such concerns.
 
"After a track record of three successful partnerships with technology leaders, this joint venture with Meaf will allow us to bring cutting edge technology to the shores of India. The long standing industry demand of energy efficient sheet extrusion and thermoforming with stacking that too at affordable prices is now a reality,” said Khushboo Doshi, Director, Rajoo Engineers.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 24 2014 | 3:58 PM IST

Explore News