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Huhtamaki PPL to set-up new Flexible Packaging manufacturing unit in Assam

24 Oct 2016 Evaluate

Huhtamaki PPL is setting up a new Flexible Packaging manufacturing unit in Assam which is likely to be commissioned during the first half of 2017, to better service its customers based in North East India. The company’s subsidiary ‘Webtech Labels’ is setting up a new label manufacturing unit in Sikkim, to service its customers based in North East India and likely to be commissioned during the first half of 2017.

Further, the main Label manufacturing unit of Webtech Labels, located at Mahape, Navi Mumbai, primarily catering to pharma companies will be relocated to a new state of the art facility in the Greater Mumbai Region by the end of 2017. The combined value of these investments/modernization is expected to be approximately Rs 65 crore.

Huhtamaki PPL is a company specializing in flexible packaging and packaging solutions. The company manufactures flexible laminates, films, specialized pouches, cartons, tube laminates, labels, shrink sleeves, rotogravure cylinders, packaging machinery etc. It caters to customers across sectors ranging from food and beverages, personal care to pharmaceuticals, industrial products etc.


Peers
Company Name CMP
Uflex 659.00
EPL 238.90
AGI Greenpac 745.50
Huhtamaki India 244.75
TCPL Packaging 3863.20
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