BRISBANE, AUSTRALIA - Australian plastics packaging company Amcor Ltd. is again in expansion mode. The company has a new joint venture in Thailand, is constructing a rigid plastics plant in Brisbane and has acquired blow molding plants in Melbourne, Australia, and Brisbane.
Amcor's Containers Packaging division owns Twinpak Inc. of Dorval, Quebec, which was a major contributor to Containers Packaging's recent pretax profit increase of 12.6 percent.
In Thailand, Containers Packaging has entered into a packaging joint venture with Taiwanese company White Group Public Co. Ltd., based in Taipei.
Containers acquired a controlling interest in Custom Pack Co. Ltd., formerly a wholly owned subsidiary of White, which has blow molding and thermoforming packaging operations in Thailand and annual sales of A$16 million (US$11.6 million).
Custom Pack will be renamed Amcor Containers Packaging (Thailand) Ltd.
The joint venture will involve an upgrade of existing Custom Pack facilities, and new packaging product markets will be developed jointly by Containers and White Group.
Amcor has invested A$18 million (US$13.1 million) in expanding Containers' rigid plastics division in Brisbane. Construction has started on a 75,600-square-foot plant that will replace two existing Brisbane plants. It is expected to be finished in January.
The plant will manufacture rigid plastic containers and PET bottles. It will feature a temperature-controlled clean room to meet the increased hygiene demands of Australian food and beverage industries.
Containers Packaging also has purchased the blow molding operations of Melbourne-based, family-owned Priority Plastics Pty. Ltd. for an undisclosed amount. Priority's annual salesare A$19 million (US$13.8 million).
Amcor's expansion projects follow several initiated last year, including construction of a US$12.9 million flexible packaging plant in Beijing that starts operating this month.
Last year, Containers Packaging bought a 64 percent interest in U.S. flexible packaging company Flexible Holdings Inc., which has plants in Bowling Green, Ky., and Tukwila, Wash. The company also acquired the coating and laminating facilities of Bonar Inc. in Burlington, Ontario, and Westra Plastics Inc. in Plattsburg, N.Y.