Kamakshi Südpack inaugurated a flexible packaging manufacturing plant at Bavla near Ahmedabad, India, with a Rs 200 crore investment and 24,000 MTPA installed capacity. The plant is expected to be fully operational by January 2023.
Mold-Tek Packaging plans a co-located plant in Panipat to serve Birla Paints, estimated at Rs30 crore and due operational by end-2023, with IML container production planned for northern India.
Mold-Tek Packaging received a Letter of Award from Grasim Industries' Birla Paints division to supply packing material pails.
IndianOil awarded a tender for procurement of 2-ply laminates for filling and packing 2T Supreme pouches to Kris Flexipacks, with a contract value of ₹2.38 Cr for a 182-day work period.
According to people familiar with the matter, US private equity firm Bain is in acquisition talks to buy Parksons Packaging, an Indian folding color box maker, for about 30 billion Indian rupees. Credit Suisse is reportedly advising, and a deal could close within three months.
Moldtek Packaging plans capital expenditure of Rs 125 crore in FY23, adding capacity at Sultanpur, Daman, Vizag, Hyderabad and Kanpur units and setting up a second plant at Daman with robotic IML facilities.
Paharpur 3P Private Limited launched commercial production at its greenfield flexible packaging plant in Sri City, Tirupati district. The first phase, with an investment of over ₹150 crore, employs 250 people.
Shree Arun Packaging (Sapco) invested Rs 20 crore to commission a new 60,000 sq ft factory near Kalyan, moving operations from Mahape and adding Bobst converting machines. The unit became fully operational in March 2022.
Fruit importer IG International and Mumbai-based Esquire Corrugation formed a joint venture, Esquire IG, to manufacture sustainable corrugated carton packaging for fresh produce. The JV targets 500 to 1,000 tonnes of output for domestic and global markets.
Gerresheimer has commissioned a new plastic container and closure plant and a new glass melting furnace at its Kosamba site in India, adding production capacity for pharmaceutical primary packaging.
Elopak and GLS launched GLS Elopak, a 50/50 joint venture headquartered in Gurugram, Haryana, to make fresh and aseptic carton packaging at a manufacturing hub in Rewari, Haryana, India.
Elopak and GLS formed GLS Elopak, a 50-50 joint venture headquartered in Gurugram, India, to make fibre-based aseptic and fresh packaging. Manufacturing will be based in Rewari, Haryana, with a reported value of $35 million.
TCPL Packaging's board approved the acquisition of a 60% stake in Creative Offset Printers Private Limited, a maker of rigid hard boxes for mobile phone makers. TCPL plans to acquire more shares after a planned rights issue.
Manjushree Packtek acquired Bengaluru-based Jallan Polypack, a manufacturer of paper cups and plastic lids, in January 2022. The terms of the transaction were not disclosed.
UFP Industries, through its affiliate UFP Global Holdings, acquired 70 percent of Ficus Pax, an industrial packaging producer with 10 facilities in southern India, for about $13.5 million. The deal marks UFP's first industrial presence in India.
Dhunseri Poly Films, a subsidiary of Dhunseri Ventures, announced a Rs 1,250 crore flexible packaging film factory at Panagarh Industrial Park in West Bengal. The first phase will make BOPET film with 45,000 TPA capacity, with commercial operations expected by March 2023.
Premji Invest bought a major, undisclosed stake in SB Packagings, an Indian flexible packaging maker for the hygiene segment, with proceeds partly used for capacity expansion and acquisitions.
Indian Oil awarded a contract to MC Packaging Pvt Ltd to supply 5-ply corrugated cartons for lube containers at its Budge Budge lube plant near Kolkata, with a contract value of ₹3.45 crore and a contract date of 30 July 2021.
Dow has signed a memorandum of understanding with Indian recycler Lucro Plastecycle to develop a closed-loop packaging solution that recycles post-consumer PE film waste using Dow virgin resins, with first shrink films expected in India later in 2021.
Sidel supplied its Aseptic Combi Predis technology to RJ Corp, whose operating company Varun Beverages installed it at a new facility in Punjab, India, earlier in 2021. It is the first commercial dairy PET aseptic packaging line in the region.
Delhi Milk Scheme, a government milk body, awarded Rainbow Packaging Pvt Ltd a tender to manufacture and supply 372 MT of three-layer co-extruded pigmented polythene film, with contract value of INR 5.71 crore and a 365-day work period.
EPL Limited's board approved the acquisition of Creative Stylo Packs, an Indian maker of corrugated boxes and plastic and laminated tubes. EPL will buy a 72.5% stake for cash and the remaining 27.5% through issuance of EPL shares to the founders.
Packaging converter ALPLA has acquired an Amcor facility in Alandi, near Pune in Western India, that produces PET bottle preforms, and will take over all 50 employees. The site becomes ALPLA's ninth location in India.
In July 2020 SÜDPACK entered a joint venture with India-based Kamakshi Flexiprints to develop a new flexible packaging facility near Ahmedabad. The plant will serve barrier, aesthetics and convenience packaging needs.
Parikh Flexibles, part of Constantia Flexibles, purchased a 1350 mm Bobst Expert K5 metallizer to be installed in 2021 at its new greenfield Ecoflex facility in Ahmedabad, India, for producing ultra high barrier MDO PE film.
Rexam plans to build two £50 million can manufacturing plants, one in Sri City in Chittoor district, Andhra Pradesh, and one in Jaipur, Rajasthan. The investment totals £100 million.
Kuala Lumpur-based Creador has reportedly emerged as frontrunner to acquire about 20% of packaging maker Shriji Polymers, including Tata Capital Healthcare Fund's 13% stake, at a valuation of Rs 1,200 crore. The report, dated 13 May 2020, is based on unnamed sources and Creador has signed an exclusivity agreement.
Italian metal packaging group Tecnocap set up joint venture Tecnocap Oriental in Mumbai with Indian packager Oricon Enterprise, taking 75% control via the acquisition of Oricon's Metal Lug business. It marks Tecnocap's entry into India and the Far East.
Manjushree Technopack has launched a new greenfield rigid plastic packaging plant in Silvassa, western India, with capacity of 10,000 MTPA and an investment of INR 100+ crore.
IndianOil's Marketing Contract Cell awarded a tender for 5-ply cartons for its WR Lube Plants to Progressive Fibre Containerz Pvt Ltd, with a contract value of INR 1.21 crore and a 180-day work period.
Gerresheimer officially opened a new plant in Kosamba, India, on December 16, 2019, to manufacture plastic primary packaging for pharmaceutical products.
Constantia Flexibles has opened Constantia Ecoflex Ahmedabad in Gujarat, India, described as the first plant designed to produce sustainable, recyclable flexible packaging. The 24,500 sq m plant began test runs in September 2019 and has 50 staff.
AGI glaspac, an Indian container glass maker, will invest up to ₹130 crore in technology upgrades, including NNPB lightweight bottle technology from Europe and cullet sorting systems. The investment aims to grow exports of light bottles and improve glass reuse.
Zircon Technologies ordered two Mark Andy Performance Series P7E presses and five Rotoflex finishing units at Labelexpo Brussels, and plans a fifth manufacturing site in Dehradun, India, adding 100-120 jobs. It also plans to invest $6 million in capital equipment over 12 months.
Indore-based flexible packaging converter Inoflex has bought a new Windsor 5-layer BFL machine and plans to expand production, with the expansion slated to start in November at its Indore plants.
Govind Enterprises was awarded a Rajasthan dairy federation (RCDF) tender to supply single wall corrugated fibre board boxes for 1-litre lined cartons for ghee packing, at a contract value of ₹1.06 Cr.
India's Competition Commission approved Epsilon Bidco's acquisition of up to 75% of packaging maker Essel Propack Limited by order dated 3 June 2019.
Epsilon Bidco, an affiliate of Blackstone funds, agreed via a share purchase agreement and mandatory open offer to acquire up to 75% of Essel Propack Limited, signed April 22, 2019 and approved by India's CCI on June 3, 2019.
Blackstone agreed to buy a 51% stake in Essel Propack, an Indian laminated tubes and specialty packaging maker, from Ashok Goel Trust for up to $460 million, with a mandatory open offer for a further 26%.
Schott Kaisha plans a Rs 500 crore expansion between 2018 and 2020, including a new site on the Gujarat-Daman border for pre-filled syringes and cartridges and expansion of its Daman and Jambusar plants.
Essel Propack has inaugurated its first greenfield unit in Kamrup, Assam, with capacity of 275 million laminated tubes annually. Phase-I investment is ₹82 crore and it will employ about 150 people.
Amcor has commissioned its seventh manufacturing plant in India, in Bharuch, Gujarat, to make flexible laundry packaging for Hindustan Unilever under a seven-year agreement. The plant adds about 40% to Amcor's Indian capacity and is expected to employ 180 people by December 2019.
Oji Holdings is investing about 3 billion yen in a new corrugated cardboard plant at the Sanand industrial park in Gujarat, India, with monthly capacity of 6 million square meters. Operations are targeted for March 2020.
CANPACK opened its new beverage can manufacturing plant in Nuh, Haryana, India, with capacity of 950 million cans per year and about 160 jobs.
Amcor and Huhtamaki are reportedly in preliminary talks with the promoters of Essel Propack to acquire a controlling stake in the Indian laminated tube maker. Morgan Stanley is handling the sale, according to unconfirmed reports.
Constantia Flexibles Group agreed to acquire a majority shareholding in India's film-based laminates producer Creative Polypack for an undisclosed fee, as reported on 28 March 2018.
HSIL plans to expand its security bottle caps facility in Telangana with a Rs 100 crore investment, raising capacity from 230 million to one billion units per year, with commissioning expected by September 2018.
In 2018, Advent International acquired a 77% stake in Indian rigid plastic packaging maker Manjushree Technopack from Kedaara Capital and the promoters. The deal value was not disclosed.
Tri-Wall Japan acquired a 90% stake in Pronk Multiservice India Private Limited, which operates heavy-duty packaging manufacturing in Bangalore, Faridabad, Mumbai and Chennai.
Oriental Containers will sell a 51 percent stake in Oricon Packaging to Pelliconi & C.S.P.A. for about 4.19 billion rupees under a business transfer agreement signed by Oricon Enterprises.