Spanish thermoformed packaging moulder Coexpan SA. has launched a new €12.1m barrier films extrusion plant in the Moscow region of Russia to serve the food industry.
This modern purpose built 10,000 m2 facility in Naro-Fominsk will be operated by the company’s Russian subsidiary, Coexpan Extekh which previously occupied a leased nearby plant in the Selyatino district.
Coexpan acquired the Russian packaging business Ekstruzionnyye tekhnologii in 2006. In 2017, it bought a 4 hectare development site at Kotovo Industrial Park in Naro Fominsk where it built the new plant, warehousing and offices.
Inaugurated on 25 July, the plant, with a production area of 3,500m2, will initially employ 57. As output grows, Coexpan is due to increase the workforce to 120, according to a statement from the Moscow Region government.
Coexpan Extekh offers a wide portfolio of coextruded rigid sheet including polypropylene, PP barrier, polystyrene barrier and polylactic acid (PLA) based products used for form, fill and seal machines to package dairy and fresh foods.
The company aims to incorporate thermoforming technology at the new operation enabling it to diversify its product range still further. The design of the new Russian facility is based on lean manufacturing principles, Coexpan said.
“We are very proud of this project ... The new plant in Russia has been designed to comply with the most demanding international standards, allowing us to grow and diversify our business in new markets,” commented Tomasz Mikos, chief executive of Coexpan Extekh.
Coexpan is part of the Spanish print and packaging group Grupo Lantero with other subsidiaries including flexible plastics specialist Emsur. Emsur controls EximPack, a Russian manufacturer of shrink film labels, based in Vsevolozhsk near St Petersburg in the west of the country.
Coexpan, formed in 1973, is based at Alcalá de Henares, outside Madrid, Spain has 13 production plants in eight countries of Europe and Latin America. It now runs production units in Brazil, Chile and Mexico.
Last year, the firm expanded its operations in Chile with the acquisition of the thermoforming capacity of Santiago, Chile-based BO Packaging. Coexpan group’s local offshoot Coexpan Coembal already ran its own plant at Quilicura, just outside Santiago, extruding and thermoforming packaging from PS, PP, PET and PLA plastics.
The Spanish company, with annual turnover of €350m, is continuing to grow its international footprint as part of the Grupo Lantero strategy of expanding its rigid and flexible plastic packaging manufacture worldwide.