Shyam Metalics and Energy Ltd, a metals manufacturing company in India, has unveiled its latest innovation: the ‘SEL Tiger Foil’, designed to preserve food freshness while promoting sustainability.
The aluminum foil segment is experiencing robust demand, with a projected 7.4% compound annual growth rate (CAGR) by 2030. Shyam Metalics is set to capitalize on this trend, benefiting from increased demand and business opportunities in this sector.
SEL Tiger Foil is being manufactured in Giridh, Jharkhand by Shree Venkateshwara Electrocast Private Limited, a subsidiary of Shyam Metalics and Energy Ltd. The foil is available in 2 categories, 11 microns, and 18 microns. Each variant is tailored to meet diverse food storage needs. The range includes 9-meter rolls for occasional use and 72-meter rolls for everyday culinary endeavors.
SEL Tiger Foil offers food protection, long-lasting durability, and eco-conscious packaging. Crafted from 100% organic cellulose, the non-stick material features grease-proof properties, making it ideal for a variety of culinary applications. It has been rigorously tested and certified by food safety regulators. Moreover, SEL Tiger Foil is recyclable, aligning with the principles of responsible consumption.
Shyam Metalics Group is a multi-metal conglomerate with a presence primarily in West Bengal, Odisha, and Madhya Pradesh. It stands as one of the largest producers of Ferro alloys in India in terms of installed capacity, as per the CRISIL Report. The company can sell intermediate and final products across the steel value chain.
