Film converter Rollprint Packaging Products Inc. of Addison, Ill., has teamed up with Acme Packaging Co. Ltd. of Singapore in a joint venture to tackle Southeast Asia and China.
The 50-50 agreement means that Acme will be merged into the newly named entity Alliantz Flexible Packaging Pte. Ltd.
Dhuanne Dodrill, Rollprint's president, will serve as Alliantz's chairman. Acme principals Eddy Chan and Ebing Chia will serve as managing director/chief executive officer and chief operating officer, respectively, according to Rollprint. Rollprint's vice president of business development, Craig Livingston, also will serve on the board.
The arrangement will allow Rollprint to make its flexible packaging products in a facility that will be expanded by November, Dodrill said Oct. 5 by telephone. The 30,000-square-foot site was Acme's existing site in Singapore. It will be expanded to 45,000 square feet. Alliantz expects to employ 40.
The plant will add a three-layer blown film extrusion line from Brampton Engineering Inc. that will be operational later this year.
The joint venture was a natural way to tackle that market, Dodrill said. The two companies formed a marketing alliance in 2002.
Alliantz will focus on sterile packaging for medical disposables, pharmaceuticals, neutraceuticals, specialty foods and industrial products.
``Rollprint is a technology-driven company,'' Dodrill said. ``We wanted to be able to produce materials using our technology in Southeast Asia. From Acme's standpoint, they're also wanting to be able to supply their customers more advanced technologies.''
The venture will produce Rollprint's proprietary formable bottom webs and peelable structures. The firm also will transfer technology so that Alliantz can supply Rollprint's high-barrier ClearFoil materials, foil-based products and chemically resistant structures, Dodrill said.
Acme and Rollprint worked together to develop ClearForm, a new, thermoformable bottom web made from a proprietary copolymer blend. The companies introduced the product as an alternative to nylon coextruded films and other PE-based polymeric blends, according to a news release. The product is intended for drapes, surgical gloves or medical devices for the sterile medical packaging market, or for use in the frozen-food market.