Richard Stedman new ACG CEO

New leadership for ACG Group

264
Richard
Richard Stedman

ACG, a global supplier of integrated manufacturing solutions for leading pharmaceuticals and nutraceutical companies, has appointed Richard Stedman as the group chief executive officer for its engineering business units. ACG serves customers in 100 countries through its network of 15 global manufacturing facilities.

In his role as the group chief executive officer, Stedman will manage the entire engineering business of ACG, which includes products and solutions for granulation, capsule filling, tablet press, tablet coating, blister packing and cartoning.

Commenting on the development, Karan Singh, managing director of ACG, said, “I am extremely pleased to have Richard as part of my leadership team at ACG. Richard has invaluable experience in managing engineering businesses and has significantly contributed to the success and profitability of the companies he has been associated with. I welcome Richard to ACG and look forward to his guidance and counsel.”

ACG has superior quality engineering solutions that it supplies to its loyal customer base. “The opportunity is to leverage the breadth and capability of the ACG engineering companies to provide enhanced solutions for our customers,” said Stedman on his appointment.

Stedman is a seasoned professional with extensive experience across multidisciplinary functions. He has led and managed a range of diverse packaging businesses across South Africa, New Zealand, Australia and India. His career has spanned engineering, project, operations and business leadership roles. He joins ACG from Amcor having worked most recently in India and Singapore. His engineering, customer orientation and business background positions him well to lead the ACG engineering companies. He will be based out of the ACG offices in Kandivali, Mumbai.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.

LEAVE A REPLY

Please enter your comment!
Please enter your name here