ACG-Pharmapack expands footprint in South America

By Bob Moser
Correspondent

Published: June 9, 2014 1:58 pm ET
Updated: June 9, 2014 2:02 pm ET

Image By: ACG-Pharmapack ACG-Pharmapack has increased its footprint in Brazil with a new warehouse that serves as a logistics hub.

Related to this story

Topics South America, Medical, Medical/Pharmaceutical, Film & Sheet

SÃO PAULO — ACG-Pharmapack, a solution provider in barrier packaging films, is expanding its South American footprint in Brazil, and starting a new laminating partnership in Argentina for the second quarter, the company’s regional business director told Plastics News

ACG’s sales base for South America has been in São Paulo since 2010, with all machinery and products traditionally imported from India.

However, the company opened a packaging films warehouse in Brazil in early 2013 as a logistics hub for imports, and has been pleased with how about 50 percent of its active customers in the country chose to shift their orders over to the new Brazil warehouse, as opposed to continuing with large-volume imports from India.

The Brazil warehouse has also let ACG tap into a new market of small and mid-sized Brazilian companies that it couldn’t realistically sell to before through imports alone, adding 15 new customers within the past year. ACG shipped 466 tons of packaging film in Brazil last year, and aims to triple that figure this year through further expansion of its small and mid-sized client base within the country.

If the company can meet that growth target for 2014, it’s considering building a local plant for value-added coated film products within two years, said Fernando Amorim, business director for Latin America, on the sidelines of Brazilian trade show FCE Pharma-Cosmetique, May 12-14.

ACG is also beginning to build a medicine capsule production plant in Brazil’s Minas Gerais state, which carries a projected investment of $55 million and should open by late 2016.

In Argentina, the company is in the process of forming ACG Argentina, and plans to begin importing Aclar and rigid PVC film to the country in the second half of this year. ACG will contract a local converter to provide lamination service using those two materials, with the finished laminate film then exported by ACG Argentina throughout the Mercosul region.

“While so many companies are pulling out of Argentina, with this arrangement we can balance how much profit we keep in the country, which is important to be able to import to Argentina,” Amorim said.

The company is also eyeing a third expansion phase for the region within the next two years. It would involve setting up operations in Colombia for lamination through a partner, similar to the plan in Argentina, in order to serve markets in northern South America and Central America, Amorim added.


Comments

ACG-Pharmapack expands footprint in South America

By Bob Moser
Correspondent

Published: June 9, 2014 1:58 pm ET
Updated: June 9, 2014 2:02 pm ET

Post Your Comments


Back to story


More stories

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Amcor buys Chinese flexible packaging plant

December 18, 2014 1:47 pm ET

Australian-based global packaging company Amcor Ltd. is buying a Chinese flexible packaging business for 211 million RMB (US$31.4 million).    More

Image

Röchling buys two UK firms

December 18, 2014 9:24 am ET

Germany's Röchling Engineering Plastics SE & Co. KG has expanded its presence in the high-performance plastics market by acquiring two British firms...    More

Image

Bayer launches PC sheet production in Guangzhou, China

December 17, 2014 6:00 am ET

Bayer MaterialScience (BMS) has started its new polycarbonate sheet production plant at its Guangzhou, China, site.    More

Image

Ecolean expanding flexible packaging production in China

December 16, 2014 3:07 pm ET

Flexible packaging maker Ecolean AB is opening a new factory and warehouse in China to increase production.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

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