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.
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.
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.
"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.