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

Comar merging with Convergence Packaging

October 21, 2014 5:07 pm ET

A couple of plastic packaging companies owned by private investment firm Graham Partners are merging into a single entity.    More

Image

Report: Suspected former Nazi with plastic connection collecting Social Security

October 20, 2014 3:52 pm ET

AKRON, OHIO — A one-time plastics executive in Akron is among dozens of suspected former Nazis who have been collecting U.S. Social Security...    More

Image

Atkore expands in PVC conduit, buying American Pipe & Plastics

October 20, 2014 6:06 pm ET

Atkore International Inc. of Harvey, Ill., has acquired PVC conduit maker American Pipe & Plastics Inc. of Kirkwood, N.Y., which serves the...    More

Molder expands in France with new clean room

October 20, 2014 1:30 pm ET

Global Closure Systems (GCS), a global injection molding producer, showed off its new ISO 7 clean room at its Astra Plastique factory in France...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    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