
Packaging Supply Chain news from the Asia Pacific
CHINA - Sumitomo (SHI) Demag has officially opened its new Demag Plastics Machinery facility in Ningbo/China.
GLOBAL - BASF intends to consolidate all of its pigments activities into a new global business unit (GBU) effective January 2016. Following that, BASF intends to carve out its pigments business and establish separate legal entities in the second half of 2016.
MALAYSIA – Domestic plastics packaging manufacturer SLP Resources Bhd intends to embark on a production capacity expansion project beginning in September 2015, to meet strong export demand for thin-gauge plastic packaging film material.
CHINA – Xerium Technologies Inc has completed the US$60 million restructuring of its Chinese business, which includes the construction and revamp of two plants, new headquarters shift, and a new supply chain; enhancing its ability to locally serve customers in China, Asia, and also export certain products globally.
SINGAPORE – Global contract development and manufacturing company Almac Group has opened its new Asia Pacific headquarters in Singapore.
TAIWAN – Swedish paper and paperboard material and packaging manufacturer Iggesund Paperboard is enhancing its distribution service in Asia to shorten lead times and thereby provide Asian customers with better service.
CHINA - Zhafir Plastics Machinery Ltd, a subsidiary of Chinese press maker Haitian International Holdings, has opened a new plant in Chunxiao, a suburb of Ningbo in China.
VIETNAM – With its eye on Vietnam’s fast growing economy and the resulting emergence of its packaging sector as one of the key industries, Bobst is reaching out to build relationships with domestic customers.
SE ASIA - In our exclusive interview with David Martin - Avery Dennison’s Vice President, General Manage, Materials Group ASEAN, Australia & New Zealand, Martin analyses the current state of the labels and packaging markets in Southeast Asia, the demand trends of brand owners and converters, and discusses the big ‘S’ word: Sustainability.