AIROPACK
Dutch PET dispenser producer launches JV in Asia / Move creates first operations in region
With the founding of a joint venture in South Korea, Dutch aerosol and pressurised dispenser manufacturer Airopack (Waalwijk; www.airopack.com) said it is working in Asia for the first time.

Airopack plans to continue manufacturing the dispensers at its Waalwijk home facility, and these are to be filled for the local market by the Airodispensing Solutions joint venture in the free trade zone at Changwon, South Korea. The plant is scheduled to come online this spring.

“The packaging market in South Korea is growing quickly,” said Tae Kim, CEO of Airodispensing Solutions and a JV partner.

The pressurised Dispensers, partially made of PET, and of recycled PET since 2021, work with normal air instead of propellants. They are used for packaging cosmetics and household products. Annual production capacity at Waalwijk is currently 150 mn dispensers.

Airopack had to file for insolvency in February 2022 and was restarted in April 2022 as "Airopack International B.V." by a joint venture of the Swiss investment company Axiom Partners (Cham; www.axiompartners.eu) and the Dutch PIPM - Platinum Industrial Plant & Machinery (Bloemendaal; www.pipm.eu). About 30 of the original 45 jobs have been retained. The company is managed by CEO Maarten Kool.
18.01.2023 Plasteurope.com [251898-0]
Published on 18.01.2023
Airopack: PET-Spenderhersteller gründet Joint Venture in AsienGerman version of this article...

© 2001-2023 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2023 by Plasteurope.com, Bad Homburg
Date of print: 02.02.2023 19:24:16   (Ref: 488958498)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp