Essel Propack opens packaging facility in Colombia

Located in special economic zone, the facility will efficiently cater to the growing export opportunity in the adjacent Andean markets of Ecuador, Peru, Bolivia, Venezuela, Chile, etc, besides servicing the strong local demand. The new facility is an expression of Essel’s confidence in the growth potential of the markets it has been serving for over 15 years. It will facilitate servicing the rapidly evolving needs of categories like beauty & cosmetics, pharma and food from reputed local and multinational brands.

Ashok Goel, vice chairman & managing director, Essel Propack, commented, “Essel Colombia is a strategic unit for us. On top of our strong local market, it opens up for us the markets in the Andean regions and the rest of South America. Our deep knowledge of these markets coupled with our long term commitment, we are confident that this unit will benefit from some of Essel’s globally recognised innovative solutions and processes. Delighting our valued customers and unveiling new horizons for their brands. We are truly excited at the opportunity to serve the Latin and South American markets.”

With FY15 turnover of over $ 380 million, Essel Propack is one of the leading specialty packaging companies globally and manufactures laminated plastic tubes to cater to the FMCG and pharmaceutical sectors. Holding oral care market share of 36 percent in volume terms globally, Essel Propack is the world’s largest manufacturer with units operating across countries such as USA, Mexico, Colombia, Poland, Germany, Egypt, Russia, China, Philippines and India.