Loparex Group will assume 100% ownership of the India joint venture
company, Kaygee-Loparex India Private Ltd.
Mike Apperson, Loparex CEO comments, “We are delighted to
add the world class manufacturing capabilities of Kaygee-Loparex to the global
Loparex family. In addition to the assets, we also welcome an incredibly
talented and dedicated group of employees to our Loparex team, which will
synergize our ability to bring additional value, not only to our local
India-based customers, but also to our customers throughout the world”.
Apperson adds, “The addition of Loparex-India compliments
our unique and continuing investment strategy and our long term commitment to
serving the diverse needs of our global customers.
Established as a joint venture in 2001, Kaygee-Loparex is
India’s largest release liner manufacturer. The state-of-the-art facility,
located in Silvassa (near Mumbai), produces a wide array of custom-engineered
silicone coated papers and films which support the diverse release liner needs
of key industries including Medical, Tapes, Hygiene, Labels, Security,
Composites and other industrial markets.
In-house product development, combined with IMS
Certification (ISO 9001:2008, ISO14001:2004 and OHSAS 18001:2007), practiced
GMP, and robust quality management methodology ensure the highest standards of
quality, efficiency, regulatory and EHS compliance.
Loparex, the leading global supplier of release liners, also
has manufacturing, product development and commercial operations in the US,
Europe, China and Thailand.