Cosmo Specialty Chemicals, a 100% subsidiary of Cosmo First and a onestop solution for a range of Adhesives, Masterbatches, and Coating Chemicals, has announced the launch of its innovative COSEAL-601 heat seal coating solution. The company's heat seal coating technology has demonstrated remarkable market performance, consistently outperforming industry benchmarks across various temperature ranges.
Recent performance data shows COSEAL-601 achieving superior sealing strength compared to market alternatives, particularly in the crucial 120-160°C temperature range. The product has demonstrated exceptional versatility across both 2-ply and 3-ply aluminium foil laminated structures, making it ideal for diverse packaging applications.
Backed by strong financial performance and superior technical specifications, the Company's innovative approach has witnessed Cosmo Specialty Chemicals achieving 60% sales growth over last year (Dec 2024 YTD basis) and EBITDA in high teens.
Mr. Raj Sharma, Business Head of Cosmo Specialty Chemicals, said, "Our COSEAL-601 represents a significant breakthrough in heat seal coating technology. The product's superior performance, particularly in high-speed manufacturing environments, has resonated strongly with our customers. The impressive growth in our contribution margins reflects our ability to deliver tangible value to our customers' packaging operations. As we continue to innovate, we remain focused on developing solutions that combine operational efficiency with sustainability."
The COSEAL-601 coating offers several key advantages with its ready-to-use formulation for immediate application, superior adhesion to aluminium foil laminate structures, optimal sealing performance at 120-140°C, low coefficient of friction with a block-free formulation, enhanced compatibility with high-speed manufacturing and superior resistance to water and oil.
The product has been specifically engineered for both 2-ply structures (45-60 GSM Paper/6.35-9µ Foil/HSL coating) and 3-ply structures (45-60 GSM Paper/10-12µ PET/6.35-9µ Foil/HSL coating), offering versatility across different packaging requirements.
Shares of Cosmo Films Limited was last trading in BSE at Rs. 606.65 as compared to the previous close of Rs. 615.10. The total number of shares traded during the day was 4249 in over 236 trades.
The stock hit an intraday high of Rs. 617.55 and intraday low of 602.05. The net turnover during the day was Rs. 2582397.00.