Rajoo Engineers Launches PROEX Series at Exclusive Industry Event

On July 9, 2024, Rajoo Engineers Ltd informed the stock exchanges about hosting an exclusive, invite-only event on July 4 and 5, 2024. This prestigious gathering brought together processors, innovators, and leaders from the flexible packaging industry. Held in Rajkot, India, the event featured a blend of cultural and industry-focused activities, catering to a global audience.

The company stated that the second day of the event was marked by the grand debut of the PROEX Series, the latest in high-performance blown film extrusion technology.

They added that the unveiling of the PROEX series captivated the audience with its remarkable performance. The line, now in commercial production, demonstrated its capability to produce film at an impressive rate of 900 kg/hr, with a 22-micron thickness and a 2800 mm layflat width. The RELEX 4.0 extruders, known for their low shear heat design, showcased optimal energy efficiency and high yield. The CSD 4.0 die, the heart of the line, is capable of delivering film thickness from 20 to 200 microns across a wide 2800 mm layflat width with low gauge variation. The system achieved unprecedented line speeds of 150 m/min.

Shri Pranav Bhalara, Director of Balaji Multiflex Pvt. Ltd, expressed his pride in supporting the ‘Make in India’ initiative and the ‘Vocal for Local’ movement. He stated, “I am delighted with the PROEX series. This high-performance blown film line exemplifies that we can achieve world-class quality through Indian ingenuity and innovation.”

This milestone signifies a substantial advancement in manufacturing capabilities and exemplifies Rajoo’s steadfast dedication to achieving excellence throughout their journey. The event not only highlighted the technological prowess of the PROEX series but also underscored the collaborative spirit and innovative drive within the flexible packaging industry, promising a future of enhanced productivity and sustainable growth.

About Rajoo Engineers Ltd

Rajoo Engineers Limited has become a leading global player in blown films and sheet extrusion lines. The company has established itself as a prestigious market leader with a strong focus on technology like thermoformers, extrusion coating, and laminating lines.

On July 10, 2024, the share price of Rajoo Engineers Ltd opened at ₹311.80, touching the day’s high at ₹312.00, as of 9:37 AM on the BSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.