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Mold-Tek sets up new packaging plant for Asian Paints Feb 18, 2013Mold-Tek sets up new packaging plant for Asian Paints

Mold-Tek Packaging Limited, a Hyderabad-based plastic packaging product manufacturer with over 25% market share in lube and paint packaging segments, has inaugurated its new plant in Satara district of Maharashtra. The plant, which has commenced c... >> more

Indian packaging industry likely to touch $44 bn by 2016 Jan 23, 2013Indian packaging industry likely to touch $44 bn by 2016

The sales turnover of Indian packaging industry is likely to touch USD 43.7 billion by 2016, according to Indian Institute of Packaging (IIP). "The total turnover of the packaging industry in India at present is USD 27.6 billion and expected to gr... >> more

MeadWestvaco Corporation plans expansion in India Jan 17, 2013MeadWestvaco Corporation plans expansion in India
The US-based packaging major MeadWestvaco Corporation plans to expand its presence in industrial packaging and triple its sales in India. The company will invest $184 million (approx Rs 1,000 crore) by 2018 in the packaging and paperboard industry ac... >> more
MeadWestvaco to invest Rs 1,000 cr for expansion Jan 16, 2013MeadWestvaco to invest Rs 1,000 cr for expansion

The US-based packaging major MeadWestvaco Corporation on Tuesday said it will invest $184 million (Rs 1,000 crore) to expand the company’s presence in industrial packaging and triple its sales in India.The US major, which signed a MoU with the Sta... >> more

Strong demand gives boost to pharma packaging units Dec 24, 2012Strong demand gives boost to pharma packaging units
While the overall plastic packaging industry in the state has grown by 10-12 per cent so far this fiscal, the pharma packaging space has managed to do better, growing by around 15-18 per cent thanks to strong demand from drugmakers. Bipin Shah, presi... >> more
ITC to expand flexi packing to tap biz opportunities Dec 17, 2012ITC to expand flexi packing to tap biz opportunities

ITC Ltd is upbeat on the flexible packaging business in the country and for export items. The FMCG major is in the process of expanding operations by commissioning fresh capacity to address the growing business opportunity.

 

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US packaging major MWV to acquire Gujarat-based firm Oct 22, 2012US packaging major MWV to acquire Gujarat-based firm
MeadWestVaco Corporation, a global leader in packaging and packaging solutions, on Friday announced a definitive agreement with Mr Alibhai Nathani and his family to acquire Ruby Macons Ltd, India’s leading producer of corrugated packaging materials, ... >> more
Uflex eyes packaging firms in US, Europe Oct 9, 2012Uflex eyes packaging firms in US, Europe

Uflex Ltd, India’s largest flexible packaging company, is looking at 2-3 major acquisitions in the US and European markets. The company has already earmarked Rs 1,250 crore for fuelling its expansion plans in India and abroad, both organically and... >> more

Dynaflex Ltd to foray into tamper evident pharma packaging products Oct 3, 2012Dynaflex Ltd to foray into tamper evident pharma packaging products

Dynaflex products range from poly mailers and courier bags to specialty packaging for prestigious companies in the F&B and lifestyle segments to highly classified & top secret government and defense applications. After catering to governme... >> more

Balmer Lawrie may commission Navi Mumbai plant by 2014 end Sep 27, 2012Balmer Lawrie may commission Navi Mumbai plant by 2014 end

Balmer Lawrie Co Ltd expects to commission its proposed container manufacturing plant at Navi Mumbai by the end of 2014. With an estimated investment of nearly Rs 100 crore, the new plant is aimed at increasing the company’s barrel production capa... >> more

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