Welcome, Reader Sign Up | Login | Try Premium Our Sites : Indian Printer and Publisher | IPP Star
August 21, 2009 | By Aakriti Agarwal and Fayez Ali based on a press release
In June of 2009, Packaging South Asia reported that Indian packaging majors Ess Dee Aluminium and Essel Propack were reportedly both bidding for Alcan’s Packaging division. When Rio Tinto acquired Alcan for US$ 38 billion in 2007, they made it clear that Alcan’s Packaging division would be sold off as it did not fit in with their core objectives of focussing on the metals and mining business. Again in October 2008, PSA reported Alcan Packaging’s acquisition of the Chakan plant (near Pune in Maharashtra) of ACG Worldwide (the Associated Capsules Group).
...cont´d
Want to Read More? Try a Premium Membership. Please Login
Issue : Volume 6. Issue 01. January 2012
PackagingSouthAsia.com is the online version of Packaging South Asia, in print as a monthly trade magazine since the beginning of 2007.
What's in this issue?
Post Comment >>