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 Packaging, Blow Molding, Mexico, Joint Venture, Drums

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

PET bottles, flasks and an HDPE cooler take top honors in blow molding

October 23, 2014 2:39 pm ET

The Society of Plastics Engineers' Blow Molding Division presented awards to packaging innovations like triangular bottles, flask containers for Jack ...    More

Image

Investment firm buys Ontario cap molder

October 23, 2014 2:01 pm ET

A company whose varied interests include food and refrigerated transportation businesses is now moving into plastic caps.    More

Image

Toyoda Gosei's growth strategy places a big focus on North America

October 23, 2014 1:21 pm ET

Sometimes, knowing your weaknesses is just as important as knowing your strengths. And if 2014 is any indication, automotive supplier Toyoda Gosei Co....    More

Image

Bemis reports record quarterly profit

October 23, 2014 1:06 pm ET

Bemis Company Inc. saw record per-share earnings from continuing operations during the third quarter, but charges associated with the divestiture of...    More

Image

Packaging specialist Amcor hits sustainability goals ahead of schedule

October 23, 2014 11:15 am ET

Global packaging company Amcor Ltd. has achieved its waste reduction goals two years ahead of schedule, according to the company's new sustainability ...    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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