Constantia Flexibles to invest INR 100 crore in a new India plant

Constantia Flexibles stand at Plastindia 2018. Photo PSA

Austrian flexible packaging solutions provider Constantia Flexibles has appear its plans to aggrandize its production chapters at its Indian subsidiary Parikh Packaging, in Ahmedabad, Gujarat, and volition be investing Rs. 100 crore in the project. The announcement was made on eight February 2022 during the ongoing Plastindia 2018.

The company already broke basis in mid-2017, on a new greenfield site close to existing product at Parikh. The site is currently under construction and will exist home to a polyethylene blown film extruder, high-definition flexo printing press and laminators that will produce loftier barrier laminates that can be fully recycled.

The actress capacity volition come on stream in 2022 and will serve the growing need from leading multinationals in the food and home and personal care (HPC) industries in India.

"Our investment strengthens Parikh Packaging'southward credentials as a leading provider of innovation and service to customers in the Indian subcontinent," said Stefan Grote, executive vice president of the food division at Constantia Flexibles. "Major FMCGs are enervating the highest level of sustainability for their packaging textile and they volition accept to comply with upcoming Indian Plastic Waste Management (PWM) regulations that promote only fully recyclable flexible packaging."

Parikh Packaging has been part of Constantia Flexibles since 2013, and already has a production unit in Ahmedabad, including rotogravure press machines, PE extruders, various lamination technologies and pouch making. It is fully ISO-certified and serves the domestic and global Nutrient and HPC markets with more than 500 qualified employees.

At Plastindia 2018, Constantia Flexibles is showcasing its packaging solutions under the motto 'Packaging Unleashed'. The focus topics are: Interactive Packaging, Pharma, Sustainability and Innovations.

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Source: https://packagingsouthasia.com/packaging-production/constantia-flexibles-to-invest-inr-100-crore-in-a-new-india-plant/

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