Page 40 - Plastics News February 2019

Business news

Baerlocher investing US$30 million in its Indian subsidiary

aerlocher, one of the leading global manufacturers of to all corners of the globe” adding “Baerlocher is at the
Badditives for the plastics industry is investing US$30 forefront with established value-oriented solutions and is
million in its Indian subsidiary, doubling its existing committed to extend the same support to our customers
capacity by 2021 with phase one due for completion in mid- in India”. Jayen Modi added “With our new capacity in
2019. Baerlocher, one of the leading global manufacturers 2019, we will remain as a reliable supplier of non-dusting
of additives for the plastics industry is investing US$30 Lead stabilisers and Liquid mixed metal stabilisers with
million in its Indian subsidiary, doubling its existing room to grow further in these sectors, however, a range
capacity by 2021 of exciting new product forms for Calcium based systems
with phase one due will be available to our customers for the first time
for completion in in mid-2019”.
mid-2019. Already
India’s largest PVC PPC Flexible Packaging buys
stabiliser producer,
this investment HFM Packaging
demonstrates the
company’s commitment to the buoyant Indian plastics
industry, supporting its growth and providing choice for lexographic printer and
convertors to enable their transition towards sustainable Fconverter PPC Flexible
Calcium based stabiliser systems for all PVC applications. Packaging LLC of Buffalo
Metal stearates production will be further expanded Grove, Ill., has acquired HFM
as well as warehousing facilities and a state of the art Packaging Ltd. Terms of the
research and development laboratory will be established. deal, which was finalized
Baerlocher’s plant in Dewas, near Indore in Madhya earlier this month were
Pradesh, was purchased in 1999 from National Peroxide — not disclosed. PPC Flexible
a milestone that marked the beginning of the Baerlocher Packaging, LLC has acquired Pewaukee, Wisconsin-
Group of Companies presence in India.Twenty years later, based HFM Packaging Ltd.HFM Packaging, Ltd. has
the company has the most diverse product range for more than 40 years of experience producing packaging
all PVC as well as CPVC applications, producing various solutions for cosmetics, personal care, pharma, food
intermediates, Lead based and Calcium based solid one and industrial applications. It is a market leader
pack PVC stabilisers, as well as a wide range of Liquid in the use of labels as peel and reseal closures for
stabilisers. The phase one of the expansion including a personal care markets as well as a converter of
new warehouse and an immediate increase to its Lead
and Calcium based stabiliser production capacity is in pouches. They are known for their high-speed die-
the final phase of construction and will be commissioned cut labeling capabilities, state-of-the-art resealable
by mid-2019. A recent acquisition of 25 acres of adjacent pouching technology and engineering assistance using
land to the current facility will provide the footprint for turnkey packaging solutions."We are excited to add
the next phase of expansion which will accommodate a the exceptional team at HFM to the PPC family,” says
world class manufacturing facility dedicated to producing Kevin Keneally, PPC Flexible’s CEO. “It's our goal to
only Calcium based stabilisers and metal stearates. “With leverage HFM's state-of-the-art reclosable and pouch
the demand for PVC in India growing annually by 7-8%, technologies in both consumer and healthcare markets
driven by growth in agricultural and infrastructure sectors, to an even higher level of growth through new and
this investment shows our commitment to our customers existing customers across all of PPC's businesses."Adds
and supports the country’s ‘Make in India’ programme, Paul Martinez, CEO of HFM Packaging: "I am very proud
said Jayen Modi, Managing Director of Baerlocher India. of the growth HFM has witnessed over the past 40 years.
Arne Schulle, CEO of the Baerlocher Group of Companies We are excited to share technologies with PPC and are
commented, “The pressure upon the plastics industry pleased to have found a partner with the ability to
to find environmentally sustainable solutions extends increase our progress."

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