The Alpla Group, the global packaging solutions and recycling specialist, increased its turnover in the 2021 financial year by 8.4% to 4 billion euros (approximately Rs 34,324 crore). The number of employees worldwide increased to 22,100. In addition to investments in recycling and the development of bio-based and biodegradable plastics, the company expanded through acquisitions and participation.
‘We have put ourselves in a strong position internationally in recent years, invested in the recyclability of plastics and new technologies and materials, and achieved a new sales record in 2021. We want to secure this positive development sustainably and in the long term,’ emphasises Alpla’s chief executive officer Philipp Lehner. With an increase in turnover of 8.4% to four billion euros, the previous year was significantly exceeded.
Expansion and globalisation of recycling
Since 2021, the Alpla Group has invested an average of 50 million euros (approximately Rs 428 crore) annually to expand recycling activities. By 2025, the recycling loops will be closed in as many regions as possible. ‘Our customers’ demand for high-quality recycled materials is also growing outside Europe. In the long term, we want to cover between 70 and 80 per cent of demand with our production,’ says Philipp Lehner.
Growth of three to five per cent is the target for the 2022 financial year. ‘Numerous projects and acquisitions in the USA, Mexico, Asia-Pacific region and Western Europe enable us to strengthen existing and enter new product and market segments,’ Lehner emphasizes. With the new Asia-Pacific (APAC) region coming on stream in early 2022, Alpla is also expanding the reach of its industry-leading mould technology in the growing Asian market and driving the expansion of the circular economy in the region.