Essel Propack
| Company type | Public company |
|---|---|
| Industry | Tube Packaging |
| Founded | Mumbai, India(1982) |
| Founder | Subhash Chandra |
| Headquarters | Mumbai, India |
Area served | Worldwide |
Key people | Ashok Goel |
| Revenue | 21940 Million INR (2014) |
Number of employees | 2700+ (2014) |
| Parent | Essel Group |
| Website | http://www.esselpropack.com |
Essel Propack is a global tube-packaging company headquartered in Mumbai in India. It is part of the Essel Group, and is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space.[1][2]
In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,[3] selling more than six billion tubes each year. At that time, globally, the company held a 33% share of the Oral Care market in terms of volume and was the world’s largest plastic tubes manufacturer.[citation needed]
History
The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia.[4][5]
In 2002, Essel Propack set up a 60,000 sq.ft, US$15 Million manufacturing plant in Danville, Virginia, to make toothpaste tubes for Procter & Gamble's North American market.[1][6][7]
That same year, the company set up its fourth plant in China.[8]
References
- ^ a b "A Tale of the Tubes". Chief Execuitve.net. Chief Executive Group LLC. 1 October 2003. Retrieved 1 September 2013.
- ^ James Buckley, Jr. (2005). The Bathroom Companion: A Collection of Facts about the Most-Used Room in the House. Quirk Books. p. 133. ISBN 978-1-59474-028-2.
- ^ "The Big Squeeze". Business Today. Living Media India Ltd. Retrieved 1 September 2013.
- ^ "Essel Packaging in merger deal with Propack". The Hindu. UNI. 16 November 2000. Retrieved 1 September 2013.
- ^ "Essel Packaging announces merger with Swiss major". Indian Express. 16 November 2000. Archived from the original on 1 September 2014. Retrieved 1 September 2013.
{{cite news}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ "Essel Propack setting up unit in USA, to expand facilities in China, Egypt". Projects Today. 20 April 2002. Retrieved 1 September 2013.
- ^ Deborah Orr (27 October 2003). "Coming to America". Forbes. Retrieved 1 September 2013.
- ^ "EPGL's fourth unit in China". The Hindu, Mar 31, 2002.
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