Packaging company Albéa launches European plants

Richard Higgs
EUROPEAN PLASTICS NEWS

Published: February 21, 2014 11:57 am ET
Updated: February 21, 2014 11:59 am ET

Related to this story

Topics Packaging, Extrusion, Injection Molding

Cosmetics packaging specialist Albéa Group has invested almost 30 million euros ($41 million) to consolidate its manufacturing into two sizeable new production facilities in France and Italy.

Further afield, the plastic and laminate tubes specialist based in Gennevilliers, near Paris, is planning to open a new production facility in Brazil where it will achieve double digit growth, according to the firm's CEO François Luscan.

The group has spent around 22 million euros to merge its operations at St. Menéhould and Vienne Le Chateau in western France together in the new 23,000 square meters Argonne tube complex in St. Menéhould, which started up in 2013.

The new facility includes four primary production areas: caps, laminate tubes, small diameter plastic tubes, and premium plastic tubes. With a 600-strong workforce, it will be one of the biggest tube producers worldwide, turning out up to 1 billion tubes and caps a year.

In Italy, Albéa is investing a further 6 million euros to replace its two production units at Verderio and Imbersago near Milan with a 13,000-square-meter mascara and lip gloss applicators plant with a 3,000 square meters warehouse in nearby Bottanuco.

Bottanuco, to open this year, includes injection molding, extrusion and blow molding along with mold making and tube decoration all integrated on the same site.

Albéa's tube business, already accounting for a third of the firm's 1.09 billion euro turnover, is expected to grow at an annual rate of more than 10 percent.

In 2013, the company invested between 8-9 percent of its sales and expects to do the same again worldwide this year, said Luscan. Albéa plans to continue its global investment strategy to further reduce the time-to-market for its customers with more plants.


Comments

Packaging company Albéa launches European plants

Richard Higgs
EUROPEAN PLASTICS NEWS

Published: February 21, 2014 11:57 am ET
Updated: February 21, 2014 11:59 am ET

Post Your Comments


Back to story


More stories

Image

Cambro investing $30.4 million in new N.C. injection molding plant

April 18, 2014 2:36 pm ET

Foodservice products manufacturer Cambro Manufacturing Co. Inc. plans to set up a satellite production and distribution operation in Mebane, N.C., to ...    More

Image

Increased orders prompt Georg Utz to add capacity, equipment in Indiana

April 18, 2014 12:20 pm ET

Plastic totes and tray orders have picked up to the point where manufacturer Georg Utz Inc. has added machines, silos and material feed systems to...    More

Spain's Cristian Lay Group buys two materials units of bankrupt LSB

April 17, 2014 11:11 am ET

Spanish industrial conglomerate Cristian Lay Group has purchased two of the bankrupt Spanish PET packaging group La Seda de Barcelona.    More

MGS buying N.Y. medical molding plant from Hospira

April 17, 2014 10:19 pm ET

MGS Manufacturing Group is purchasing the Buffalo, N.Y., injection molding facility and related product line of Hospira Inc., effective July 1. Terms ...    More

Image

German auto supplier Dr. Schneider opens second US plant

April 17, 2014 12:57 pm ET

Dr. Schneider Kunststoffwerke GmbH, a German supplier of plastic interior auto parts, has opened a $29 million manufacturing plant in Russell Springs,...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 – The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events