Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Sonali Paper and Board Mills signed a deal with Chinese firm Zhangjiagang Fineness Aluminium Foil on Sunday to build an aluminum foil factory in Rupganj, Naraynganj in Bangladesh. 


The factory will host an aluminum foil machine with a capacity to produce 100,000 pieces of aluminum foil boxes per day, which can be used for packaging food. Industrial aluminum foil rolls used in electronics, cigarettes and food packing will also be produced at this plant. 


Mohammad Younus, the company’s chairman, stated that foil will be available in different colors and designs and can be coated, embossed and slit according to the clients’ demand. He added that the company’s annual sales will increase by 25pc with the addition of this factory.  

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