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, Injection Molding, Extrusion

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

RPC Group buying Iceland's Promens

November 27, 2014 8:46 am ET

In a major acquisition that combines two rigid packaging companies with international footprints, RPC Group plc has signed a 399 million euro ($497...    More

Image

Large part molder EnviroTech in 'growth mode,' adds space, equipment

November 26, 2014 9:54 am ET

Salt Lake City-based EnviroTech Molded Products Inc. is adding new equipment and expanding its factory as it gains business in some of its...    More

Image

Irish packaging group Smurfit Kappa opens film plant in Spain

November 26, 2014 6:00 am ET

Global packaging group Smurfit Kappa Group plc has responded to growing demand for its bag-in-box liquid container/dispensers by opening a new plant...    More

Image

Globalization brings sizable growth, primarily in Asia

November 25, 2014 1:40 pm ET

In 1990, the year after Plastics News published our first issue, there were 33,000 injection molding machines sold worldwide. Fast forward to 2013,...    More

Image

Uni Cap to build cap molding plant in Jordan

November 25, 2014 12:57 pm ET

The Persian Gulf's largest molder of caps and closures is investing $10 million in a new factory near Amman, Jordan, as part of an effort to boost its...    More

Market Reports

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

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events