- July 22, 2026
- Posted by: Tresmark
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International Packaging Films Limited (IPAK) has announced that its wholly owned subsidiary, Global Packaging Films (Private) Limited (GPAK), has approved the acquisition of a state-of-the-art metallizer at an estimated cost of approximately PKR 1.4 billion.
In a notice submitted to the Pakistan Stock Exchange (PSX), the company said the investment is part of the group's strategy to expand its portfolio of value-added packaging products.
The new metallizer is expected to strengthen GPAK's metallizing capabilities, increase production capacity for value-added metallized packaging films, improve operational efficiency, and support rising demand from both domestic and international markets.
The company added that it will keep the exchange informed of any further material developments related to the project.
