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
Rakesh Rao B2B Connect | Mumbai
Meaf’s KMS600 thermoforming machine
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.
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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.
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First Published: Sep 24 2014 | 3:58 PM IST