May 4 2007
Huhtamaki continues to develop its position as a leading consumer packaging company in the emerging Asian market. Huhtamaki will establish a new manufacturing facility close to the existing plant in Samutsakorn Industrial Estate in Bangkok to supply the local food and consumer goods industry with advanced flexibles packaging.
“We already have a solid position in Asia, but actively look for new opportuni-ties to develop growth platforms. This market is growing rapidly, over 10 per-cent per year and we want to make investments in order to capture the growth”, says CEO Heikki Takanen.
“This project will strengthen our position and our existing customer portfolio as well as support exports of Thailand’s growing food-related segments”, tells Maurice Petitjean, Executive Vice President, Flexibles, Films and Molded Fiber Europe.
According to the preliminary schedule the new facility would commence production in the summer 2008. The value of the investment is approximately EUR 17 million.