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

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

Nova expanding PE research center

August 26, 2014 1:36 pm ET

Nova Chemicals Corp. has broken ground on an expansion of its polyethylene research center in Calgary, Alberta.    More

Image

Kayak maker Confluence taking on a broader outdoor products business focus

August 26, 2014 12:54 pm ET

Canoe and kayak rotational molder Confluence Watersports Co. has a new owner and a new name — Confluence Outdoor Co. — that reflects a...    More

Image

Sonoco buys Germany's Weidenhammer, plans for thin-walled packaging growth

August 25, 2014 1:41 pm ET

Sonoco Products Co.'s acquisition of Weidenhammer Packaging Group GmbH of Germany includes plastic packaging technology that the company is targeting ...    More

Image

Private equity firm buys Berlin Packaging

August 25, 2014 11:36 am ET

Private equity firm Oak Hill Capital Partners plans to buy rigid packaging distributor Berlin Packaging LLC for $1.43 billion.    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

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

More Events