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Indian packaging maker to build $80m factory in Wrzesnia


2011-02-11



Uflex, a Mumbai-listed packaging manufacturer, will invest $80m (approx. €59m) to build a production facility in Wrzesnia (Wielkopolskie voivodship), its first plant in Europe, news outlets in India reported. The plant will have an annual capacity of about 30,000 tons and will start operations in 2012, a senior Uflex official was quoted as saying.

According to Wrzesnia mayor Tomasz Kaluzny, quoted by Puls Biznesu, the actual value of the project could be higher, perhaps twice as big. It is to be realised in two stages, starting with one production hall and 130 jobs (due to come online in March 2012), to be followed by a second hall and a further 130 jobs. The factory will make plastic film for packaging used by the food industry (coffee, chips), to be sold into the markets of Europe and Russia, and will be located on a site belonging to the Walbrzych Special Economic Zone.

Uflex has four manufacturing facilities (in India, Egypt, the United Arab Emirates and Mexico) and employs 4,000 people.



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