Biopac commenced production of Kitchen Aluminium foil

Thebullishtrends: Biopac share price closed today at Rs.15.43(+Rs.0.73). Biopac India Corporation Ltd has informed today after the trading hours that the Company has commenced the production of Kitchen aluminum foil in March 2008. It has installed an initial capacity of 50 metric tons per month. BIOPAC kitchen foil is sold in domestic market in the brand name of "24KARAT" aluminum foil and is offered in institutional as well as retail pack. BIOPAC plans to market the 24KAR4T Foils through it vast network of existing nationwide dealer and distributor network and also export to its overseas customers. Biopac plans to double the installed capacity by the end of the current financial year to 100 metric tons per month.