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Alcan acquires flexible packaging facility

2008-10-23

Alcan Global Pharmaceutical Packaging (AGPP) - a division of Alcan Packaging, a business unit of Rio Tinto Alcan - has acquired the Chakan flexible packaging plant from Associated Capsules Pvt Ltd in India.

With annual sales of $ 3.6 million, the Chakan facility is a distinguished supplier to the Indian pharmaceutical market, with solid manufacturing capabilities and management practices. Located 30-km north of Pune, the 2,600 m2 plant employs approximately 100 people. Its integration into the Alcan Packaging group is expected to be completed by early 2009.

Michael Schmitt, president, AGPP Division, said, ''Chakan is a well-equipped plant and has an asset base that will complement our current product portfolio. The expertise with local pharmaceutical companies will be an excellent addition to our organisation, increasing our ability to service global and regional customers while maintaining the high quality standards they expect from us.''

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