Mauser and Plastienvases form container joint venture in Mexico

By Stephen Downer
Correspondent

Published: April 18, 2013 11:29 pm ET
Updated: April 18, 2013 11:33 pm ET

Related to this story

Topics Joint Venture, Mexico, Drums, Packaging, Blow Molding

MEXICO CITY -- Industrial packaging manufacturer Mauser Group has started operating an intermediate bulk container-producing joint venture with Mexican company Plastienvases SA de CV.

Called Mauser Plastienvases International (MPI), the new company makes 275-gallon polyethylene drums, together with a variety of valves and closure systems, for the Mexican industrial liquids and ingredients market at a plant in Toluca, 40 miles west of Mexico City.

In a news release announcing the deal, Mauser, of Bruehl, near Cologne in Germany, made no mention of each company's share in MPI. Spokespersons for both Mauser and Plastienvases, of Mexico City, did not immediately reply to requests for such information.

"Global companies continue to expand their filling operations here in Mexico and local Mexican companies are also growing. So the creation of this joint venture, MPI, makes sense," said Alexis Riedel, MPI's general manager, in the bulletin.

Jeff Simmonds, president and CEO of Mauser North America, said the company's decision to form the joint venture with Plastienvases was an easy one to make.

"Our experience with Plastienvases as a Mauser licensee for plastic drums has demonstrated our ability to work together well as a team, which will be critical as we enter the IBC market in Mexico."

Mauser employs 4,000 in Europe, the Americas and Asia and has annual revenues of about $1.3 billion. It has customers in the chemical, agrochemical, petrochemical, and pharmaceutical sectors as well as in the food and beverage industries. In addition to IBCs, its products include plastic packaging, fiber drums and steel drums.

Plastienvases was founded in the industrial municipality of Naucalpan, close to Mexico City, in 1975. It produces containers ranging in size from one to 220 liters.


Comments

Mauser and Plastienvases form container joint venture in Mexico

By Stephen Downer
Correspondent

Published: April 18, 2013 11:29 pm ET
Updated: April 18, 2013 11:33 pm ET

Post Your Comments


Back to story


More stories

Image

Report: Brands are falling short on packaging sustainability

January 29, 2015 5:19 pm ET

Packaging in general, and plastic packaging in particular, has a long way to go in terms of recycling, according to a pair of environmental groups.    More

Image

Profit dips at Bemis Co. Inc.

January 29, 2015 2:04 pm ET

Profit dipped for Bemis Co. Inc. for all of 2014, but were up during the fourth quarter in what the company's leader called a “pivotal year....    More

Image

Plastics News Now: Losing weight with style, plastics in the Dragons' Den

January 29, 2015 6:00 am ET

A 19-year-old entrepreneur brings business to a U.K. injection molder after winning support on TV's Dragons' Den, auto suppliers combine...    More

Image

Plastics enter 2015 on a high note

January 29, 2015 10:10 am ET

Now that the preliminary round of December data is officially in the books, I can state unequivocally that 2014 was an outstanding year for the U.S....    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the r...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

More Events