Essel Propack

Essel Propack
Public company
Industry Tube Packaging
Founded Mumbai, India(1982)
Founder Subhash Chandra
Area served
Worldwide
Key people
Ashok Goel
Number of employees
2700+ (2014)
Website http://www.esselpropack.com

Essel Propack is a global tube-packaging company headquartered in Mumbai in India. It is part of the Essel Group, and is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space.[1][2]

In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,[3] selling more than six billion tubes each year. At that time, globally, the company held a 33% share of the Oral Care market in terms of volume and was the world’s largest plastic tubes manufacturer.

History

The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia.[4][5]

In 2002, Essel Propack set up a 60,000 sq.ft, US$15 Million manufacturing plant in Danville, Virginia, to make toothpaste tubes for Procter & Gamble's North American market.[1][6][7]

That same year, the company set up its fourth plant in China.[8]

References

  1. 1 2 "A Tale of the Tubes". Chief Execuitve.net. Chief Executive Group LLC. 1 October 2003. Retrieved 1 September 2013.
  2. James Buckley, Jr. (2005). The Bathroom Companion: A Collection of Facts about the Most-Used Room in the House. Quirk Books. p. 133. ISBN 978-1-59474-028-2.
  3. "The Big Squeeze". Business Today. Living Media India Ltd. Retrieved 1 September 2013.
  4. "Essel Packaging in merger deal with Propack". The Hindu. UNI. 16 November 2000. Retrieved 1 September 2013.
  5. "Essel Packaging announces merger with Swiss major". Indian Express. 16 November 2000. Retrieved 1 September 2013.
  6. "Essel Propack setting up unit in USA, to expand facilities in China, Egypt". Projects Today. 20 April 2002. Retrieved 1 September 2013.
  7. Deborah Orr (27 October 2003). "Coming to America". Forbes. Retrieved 1 September 2013.
  8. "EPGL's fourth unit in China". The Hindu, Mar 31, 2002.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.