Following the successful start of Koenig & Bauer’s cooperation with Rieckermann in the markets of Indonesia, Thailand and the Philippines, the partnership is being expanded to also include Korea with immediate effect. Rieckermann will similarly be taking over exclusive sales responsibility for the Vietnamese market from 1 November 2019.
“To further improve our proximity to customers in the Southeast Asian markets, we have decided to deepen our cooperation with the experienced industrial solutions provider Rieckermann. That is an important milestone on the road to successful participation in the constantly growing market for flexible packaging in the future,” said Dr Peter Lechner, chief executive officer at Koenig & Bauer Flexotecnica.
The partnership expansion was agreed at the Koenig & Bauer production facility in Tavazzano near Milan within the framework of the presentation of the new Evo XC. “In addition to the Evo XD and XG, we were able to gain a first-hand impression of the new very compact and highly productive 8-color CI flexo press. We are convinced that the Evo XC will be very much in demand in Asia,” added Kristian Rieck, director for plastic and converting at Rieckermann.
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.
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