Amcor to acquire BPI China

Flexible packaging

9
Ron Delia,CEO, Amcor
Ron Delia,CEO, Amcor

Amcor will be acquiring BPI China, the Chinese subsidiary of UK-based British Polythene Industries PLC for US$13 mil-lion. BPI China has one plant in Xinhui, South China, withstate-of-the-art blown film and flexographic printing lines. The business produces flexible packaging products for export and domestic customers.

Amcor currently has a total of ten flexible packaging plants in China, including four plants in Southern China. This acquisition will strengthen Amcor’s leadership position in Southern China and complement the existing business by providing additional scale and talent. It will also broaden Amcor’s capabilities in China to include flexographic printing and reduce future capital expenditure requirements. Amcor’s managing director and CEO, Ron Delia said, “China continues to be an attractive market for flexible packaging globally and this is an excellent opportunity to support our continued expansion in the Southern region.”

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here