Film manufacturing company Perlen Packaging is investing more than Sfr20m ($20.3m) in the expansion of its PVdC coating line capacity in Perlen, Switzerland, to increase the coating capacity.
The company has also started construction on a production facility at Wujiang, China, which is expected to become operational next year.
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Perlen Packaging CEO Wolfgang Grimm said: "The Asian pharmaceutical markets are showing double-digit growth rates. As the first foreign company to set up a production facility in China, Perlen Packaging’s aim is to cater to the expected growth in the region and to better serve the markets from a local site."
Based in Switzerland, Perlen Packaging is a unit of industrial group CPH Chemie + Papier Holding.
The company operates three plants in Germany, Switzerland and the US, where it produces films ranging from mono-PVC to ultra-high-PVdC coated films for blister packaging.
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Perlen Packaging sales and marketing director Johannes Giessler said: "The pharma markets in Europe are continually growing and the demand for barrier films is increasing.
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By GlobalData"Thanks to the continuous investments in our technology and our GMP standard production facilities in Germany and Switzerland, we can ensure the continued availability of our high-quality products for the European pharmaceutical market."
Image: Perlen Packaging coating line in Switzerland. Photo: courtesy of Perlen Packaging.
