Weidenhammer to expand in Chile and Russia

PRW

Published: April 25, 2014 11:37 am ET
Updated: April 25, 2014 11:39 am ET

Related to this story

Topics South America, Europe, Food packaging

Germany’s Weidenhammer Packaging Group, has announced that it will open a new plant in Chile in January 2015, while its Russian plant in Vladimir, near Moscow, also being significantly expanded.

The company made the announcement in its annual financial report for 2013 which showed sales growth of around 2.5 percent from 2012.

Sales increased to 251 million euros ($347.3 million) in 2013 from 245 million euros ($339 million) in 2012.

The company says that in 2013 Germany remained its strongest market and growth was also seen from European markets like Belgium, France and the United Kingdom. Its corporate subsidiary Weidenhammer UK in Bradford achieved double-digit sales growth for the third year in a row.

Weidenhammer says that in the year ahead it is focusing on extremely impermeable barrier packaging for food.

“We see a growing market demand, driven to some extent by higher legal hygiene requirements for bulk products and packaging,” said CEO Ralf Weidenhammer.

Weidenhammer currently has 12 production sites and employs 1,100. The company says it aims to cover 100 percent of its energy needs with solar power by 2020.


Comments

Weidenhammer to expand in Chile and Russia

PRW

Published: April 25, 2014 11:37 am ET
Updated: April 25, 2014 11:39 am ET

Post Your Comments


Back to story


More stories

Image

Ukraine's Group DF may be forced to sell Crimea-based additives plant

July 28, 2014 10:12 am ET

Group DF, the industrial business of Ukrainian tycoon Dmitry Firtash, may be forced to sell off Eastern Europe's biggest producer of titanium oxide,...    More

Image

Austrian mold maker seeking North American manufacturing partner

July 25, 2014 1:49 pm ET

An Austrian mold maker is looking for a manufacturing location in North America.    More

Image

Report: biodegradeable plastics use in Europe to grow 12 percent

July 25, 2014 10:25 am ET

The biodegradable plastics market in Europe is forecast to witness 12 percent compound growth during 2014-19, according to TechSci Research's...    More

PetStar doubles capacity at Mexico recycling facility

July 24, 2014 2:10 pm ET

Mexican recycling giant PetStar SAPI de CV, owned by the System of Coca-Cola Bottlers in Mexico, has doubled the capacity of its facility to 130...    More

Image

Successful packaging is about more than the materials you use

July 23, 2014 1:49 pm ET

“People do not forget how packaging makes them feel," says Marla Donahue. "Remember how frustrated you felt when you couldn't get that packaging...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

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

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

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