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Essel Propack to open a new plant in Danville
By siliconindia Mumbai Bureau
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Wednesday, 27 August 2003, 19:30 IST
NEW YORK: The India-based Essel Propack Limited (EPL), world's largest manufacturer of laminated tubes, has opened a new 25 million dollars plant in Danville, Virginia, in the United States.
The company plans to meet the tube requirement of Procter and Gamble's American and Canadian operations through its plant which was inaugurated yesterday by US Congressman Virgil Goode, Procter and Gamble's Director of Healthcare product supply Stewart Atkinson and EPL's Vice President Ashok Goel.
"The company's vision for 2005 is to be the world's most admired specialty packaging company with a 50 per cent share in global market in laminated tubes,"
Goel said later at a reception hosted by the Indian Consul General in New York Pramathesh Rath. With the opening of the Danville plant which is 17th manufacturing unit, EPL becomes the first Indian company to have presence in all the five continents.
It commands 30 per cent of the global laminated tube market today and has presence in 11 countries and produces in excess of 3.5 billion tubes.
The company says it constantly innovates and infuses cutting edge state of art technologies through strategic alliances with several leading Swiss, German, Japanese and American corporations.
EPL is a public limited company that manufactures laminated tubes and plastic tubes. These are used in dental care, pharmaceutical, cosmetic and food industries.