Constantia Flexibles buys majority stake in Russian group of companies TT

Boost to pharmaceutical packaging business

Pierre-Henri Bruchon, Executive Vice President Pharma at Constantia Flexibles
Pierre-Henri Bruchon, Executive Vice President Pharma at Constantia Flexibles

Flexible packaging major Constantia Flexibles has completed its acquisition of a majority stake in the Russian group of companies TT. Now known as Constantia TT, the plant in Voskresensk mainly produces packaging for the pharmaceutical industry.

Constantia TT is the second plant of Constantia Flexibles in Russia, the first being Constantia Kuban located in Timashevsk. More than 100 employees at the new site play a major role in meeting the demand for flexible packaging in the pharma industry of Russia and its neighboring countries. The pharma product portfolio of Constantia TT comprises printed blister foil as well as a sachet and coldform material. The company’s second business pillar consists of packaging materials for customers in the food and dairy industry.

The site recently finished construction and validation of cleanroom facilities to classification D of the Good Manufacturing Practice (GMP) standard at European Union level. To comply with this standard, all core working steps are carried out in a clean area under the conditions defined in the standard GOST R ISO 14644 ‘Clean rooms and associated controlled environments’. Process steps range from goods handling, slitting of raw materials, and printing on various packaging solutions for pharma products.

“By implementing this concept for Constantia TT, we have become pioneers in the Russian market. Together with the long-term experience in the field of flexible packaging, our dedication to clean and stable production conditions makes us the perfect partner to pharmaceutical producers in Russia as well as in Kazakhstan and Uzbekistan who aim to protect their life-saving products,” says Pierre-Henri Bruchon, executive vice president pharma at Constantia Flexibles.

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are grown similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans and to inspire and mobilize our editorial and advertising teams!

For editorial — for advertisement and for subscriptions

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1


Subscribe to our Newsletter


Please enter your comment!
Please enter your name here