Tetra Pak has announced a 24-million-euro (Bt890 million) investment in its first plant for packaging closures in Rayong province.
The facility is aimed at cashing in on the region’s demand for packaging with closures, which has been forecast to grow by more than 30 per cent between 2015 and 2018.
The regional manufacturing facility will be located within the company’s existing straws and strips plant in Rayong, and will become operational early next year.
With a production capacity of more than 3 billion units per year, the new plant will enable customers across the region to access locally produced packaging closures for the first time.
“Consumers in our region are increasingly looking for packaging that is functional and convenient, in order to suit their progressively busy lifestyles,” said Michael Zacka, regional vice president of Tetra Pak for South Asia, East Asia and Oceania.
“Being the industry leader, we are committed to drive innovation and help our customers address the evolving market needs. With this new facility we will be able to provide our customers with a wider portfolio of caps and closures, with shorter lead time and enhanced quality, efficiency and flexibility.”
Besides producing new-generation closures such as HeliCap23, HeliCap27 and DreamCap26, the factory will produce bio-based closures, to help drive the sustainability agenda.
Additionally, the location of the new factory will reduce carbon-dioxide emissions through reduced transportation from the production site to the final customer.
And finally, the technology used in the plant will also minimise energy consumption during production.
The announcement comes two months after Tetra Pak announced a 100-million-euro investment in a new regional packaging-material factory in Vietnam, to build the company’s manufacturing footprint in Asia, alongside existing production facilities in Singapore, India and Japan.
“We believe this latest packaging innovation with caps and closures addresses the ever-growing needs of Thai and Asean consumers, when it comes to functionality and convenience,” said Henrik Hauggaard, managing director of Tetra Pak (Thailand) and vice president for sales management of Tetra Pak South Asia, East Asia and Oceania.
“This new facility is a positive investment in Thailand’s future, as well as the region, highlighting Tetra Pak’s continued commitment to the market’s evolving needs.”