Polo Films

What Polo Films does

Polo Films is a Brazilian manufacturer of biaxially oriented polypropylene (BOPP) films, operating as Unit III of the petrochemical group Innova since its 2025 acquisition. The company runs three Tenter-Frame flat-process production lines at its Montenegro (RS) facility, with a nominal capacity of 78,000 tonnes per year, producing BOPP films for flexible packaging, labels, and adhesive tape converters, as well as laminated plastics in polystyrene and polypropylene rolls. Its commercial and administrative headquarters is located in Alphaville, Barueri (São Paulo), and distribution reaches Brazilian customers from north to south and select international markets.

The business is built on a B2B direct-sales model selling industrial input materials to packaging and tape manufacturers, with revenue generated primarily through hardware sales of BOPP film and laminated plastic products. Within the broader Innova portfolio, the company participates in styrenics production (ethylbenzene, styrene monomer, GPPS, HIPS, EPS), and the registered ECO-PS® trademark positions the group in recycled-content expandable polystyrene with up to 30% post-consumer material. Founded in 1980 as a joint venture between British American Tobacco and Hercules Inc., the asset has changed hands through Unigel Group (1995), Geribá Investimentos (2017), and Innova (2025).

Name

Polo Films

Legal name

Innova

Website

https://polofilms.com.br

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Polo Films is a Brazilian BOPP film manufacturer operating as Unit III of petrochemical group Innova, producing 78,000 tonnes/year of biaxially oriented polypropylene films for flexible packaging, labels, and adhesive tape converters across Brazil.

Ownership category

akta.pro rank

Product category

BOPP Film Manufacturing

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Resin and Synthetic Rubber Manufacturing (32521)

SIC

Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Polyolefin Films (PE/PP: Cast, Blown, BOPP) (IMALABAA)

akta.pro secondary industry

Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

Keywords

• BOPP film manufacturing
• Biaxially oriented polypropylene
• Flexible packaging films
• Plastic film production
• Industrial polymer films

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. BOPP Film Sales: Manufacturing and sale of biaxially oriented polypropylene (BOPP) films to flexible packaging, labels, and adhesive tape industries
2. Plastic Transformation Products: Laminated plastics in rolls of polystyrene (PS) and polypropylene (PP), as well as styrenic products including ethylbenzene (EB), styrene monomer (SM), GPPS, HIPS, and EPS

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Polo Films manufactures biaxially oriented polypropylene (BOPP) films at its Montenegro (RS) facility using Tenter-Frame flat process technology across three production lines with nominal capacity of 78,000 tonnes per year. The company supplies BOPP films to flexible packaging, labels, and adhesive tape industries, complemented by plastic laminates in rolls of polystyrene (PS) and polypropylene (PP). Following the 2025 acquisition by Innova, it now operates as Unit III within a vertically integrated petrochemical and plastic transformation business.

Product overview

Polo Films, now Unit III of Innova, operates as a plastic transformation division within a petrochemical company. The product portfolio centers on biaxially oriented polypropylene films (BOPP) manufactured at the Montenegro (RS) facility, supplemented by plastic laminates in polystyrene (PS) and polypropylene (PP) rolls. The broader Innova portfolio also includes styrenic products (EB, SM, GPPS, HIPS, EPS, ECO-PS®, PS-3D) produced at the petrochemical division. The products serve flexible packaging, labels, adhesive tapes, and other industrial segments, with a 45-year trajectory in the BOPP market.

Differentiator

Problem solved

Functional benefit

Brands

• ECO-PS®: Expandable polystyrene with up to 30% post-consumer material content, preserving the same mechanical characteristics as virgin product.
• PS-3D

Products and services

• BOPP Films (Biaxially Oriented Polypropylene Films) Biaxially oriented polypropylene films produced at the Montenegro (RS) factory, serving flexible packaging, labels, adhesive tapes, and other industrial segments that use BOPP as input material.
• Laminates (PS and PP)
• ECO-PS® Expandable polystyrene product containing up to 30% post-consumer recycled material while preserving the same mechanical characteristics as virgin product. Part of the sustainable styrenics portfolio.
• GPPS (General Purpose Polystyrene) General purpose polystyrene (Poliestireno Uso Geral), one of the styrenic products manufactured at the petrochemical division serving industrial applications.
• HIPS (High Impact Polystyrene) High impact polystyrene (Poliestireno Alto Impacto), one of the styrenic products in the product portfolio serving industrial applications.
• EPS (Expandable Polystyrene) Expandable polystyrene (Poliestireno Expansível) used in packaging and construction applications.
• PS-3D Polystyrene product line for 3D applications within the styrenics portfolio.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• InnovacoreStrategic or Co-development Partner · 1 January 2025Innova acquired Polo Films in 2025, integrating it as Unit III of the company. This acquisition consolidated Innova's positioning with factories in the north (Manaus) and south (Triunfo and Montenegro) of Brazil.
• British American TobaccocoreStrategic or Co-development Partner · 1 January 1980Original co-founding partner in Polo Films joint venture established in 1980 in Varginha (MG).
• Hercules Inc.coreStrategic or Co-development Partner · 1 January 1980Extinct American chemical company that was co-founding partner in the original 1980 joint venture that created Polo Films in Varginha (MG).

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Vitopel: Brazilian BOPP film producer focused on the domestic flexible packaging market. Most direct domestic competitor to Polo Films in Brazil.

Direct peers

• Cosmo Films: Indian BOPP and specialty films producer with significant capacity serving packaging, labels, and lamination applications. Comparable product mix and downstream customer segments to Polo Films.
• Taghleef Industries: Global BOPP film manufacturer with multiple production sites serving flexible packaging, labels, and industrial applications. Directly comparable to Polo Films on product, end-markets, and Tenter/Bubble process technology.
• Uflex: Indian flexible packaging and BOPP film manufacturer with global footprint. Directly comparable on BOPP product line and packaging-converter customer base.
• Treofan Group: European BOPP film manufacturer supplying packaging, labels, and industrial applications. Comparable on BOPP process technology and end-market segments.
• SRF Limited: Diversified Indian manufacturer with a BOPP films business serving flexible packaging, labels, and tapes. Similar application segments and BOPP process technology to Polo Films.
• Jindal Poly Films: Large Indian BOPP and BOPET film producer supplying packaging, labels, and industrial lamination markets. Comparable scale and product mix in BOPP films.

Broad incumbents

• Toray Industries: Large diversified Japanese materials manufacturer with BOPP and BOPET film operations within a much broader chemicals and materials portfolio. Overlaps with Polo Films in packaging films but as part of a wider portfolio.
• Innovia Films (CCL Industries): Global specialty films producer (now part of CCL Industries) supplying BOPP and other films for labels, packaging, and security applications. Comparable in labels and packaging films but with broader specialty focus.

Others

• Polibrasil / Braskem: Braskem is the dominant Brazilian polypropylene resin producer and a likely key upstream supplier to Polo Films. Relevant as the petrochemical feedstock provider rather than a direct competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/videolarinnova
• YouTubeyoutube.com/channel/UCyvJUcxsU1_pdIAvoTZNg_w
• Facebookfacebook.com/polofilms.oficial
• LinkedInlinkedin.com/company/polo-films
• Instagraminstagram.com/innova

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Polo Films