CCL Industries and Taisei Kako setting up plastic tube plant in Thailand

Published: March 26, 2013 1:21 pm ET
Updated: March 26, 2013 11:11 pm ET

Related to this story

Topics Mergers & Acquisitions Joint Venture Packaging
Companies & Associations

TORONTO — Labels and containers major CCL Industries Inc. is partnering with a Japanese firm to set up a plastic tube plant in Bangkok, Thailand.

CCL of Toronto is teaming up with Taisei Kako Co. Ltd. of Osaka, Japan, to make tubes for consumer product packaging in Asia. The 50:50 venture represents equity of US$5 million to start the operation. Each partner will contribute machinery from its existing operations to get production rolling.

CCL stated in a news release that Taisei Kako is a leading Japanese producer of specialty plastic containers for the personal care and pharmaceutical market.

“We are very pleased to have found such an advanced technology company as Taisei Kako to help us build our tube business in Asia,” stated CCL President and CEO Geoffrey Martin in a March 25 news release. “The new operation will focus on selling tubes alongside labels to existing CCL customers in the home & personal care sector in South East Asia, while exporting products to customers of Taisei Kako in the same sector in Japan.”

Martin said the regional market is one of the most important emerging regions for such packaging.

Taisei Kako employs about 950 at nine plants mainly based in Asia. CCL said Taisei Kako has a fully automated, 24-hour manufacturing system with advanced digital inspection technology. It has been producing plastic packaging for healthcare and beauty care since 1932.

CCL employs about 6,600 in 74 plants around the world. CCL Tube and CCL Containers are large producers of extruded plastic tubes, bottles and aluminum aerosol cans

The company claims its CCL Label business is the world’s largest converter of pressure sensitive and film materials for labels for consumer packaging, healthcare, automotive and consumer durables.


Comments

CCL Industries and Taisei Kako setting up plastic tube plant in Thailand

Published: March 26, 2013 1:21 pm ET
Updated: March 26, 2013 11:11 pm ET

Post Your Comments


Back to story


More stories

Image

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global...    More

Image

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a...    More

Image

Core Molding buys CPI Binani assets, adds markets, D-LFT capabilities

March 20, 2015 1:20 pm ET

Core Molding Technologies Inc. is expanding its thermoplastics capabilities with the acquisition of substantially all the assets of CPI Binani Inc.,...    More

Image

Proposed Cardia-Stellar merger labeled 'not fair,' but still 'reasonable'

March 20, 2015 10:34 am ET

If the proposed merger of two Australian bioplastics companies goes ahead, the new company will be called Secos Group Ltd. and have annual sales of...    More

Image

Transilwrap buys Clear Focus, expands in advertising films

March 20, 2015 10:03 am ET

Film extruder Transilwrap Company Inc. has bought Clear Focus Imaging, a manufacturer of printable plastic films for large-scale display advertising l...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events