SIG expands business in China
SIG has announced it will construct a second aseptic carton packaging production pant in Suzhou, China, to meet current and future demand in the region.
The Asia-Pacific region continues to be one of the major growth areas for aseptic carton packaging, and SIG’s new 120,000 square meter plant is expected to be operational in early 2021.
With a total investment of €180 million, the new plant is expected to achieve world-class environmental, safety and operational performance right from the start.
SIG’s recently opened cutting-edge Tech Centre nearby in Suzhou supports customer collaboration in the development and implementation of innovative product concepts and market-ready packaging solutions.
Across Asia, millions of people are only now starting to consume packaged food and beverages. The rise of new consumers, driven by increasing income, changing lifestyles and new consumption habits, represents a huge opportunity for aseptic carton packaging with its long shelf life without the need of a cooling chain.
At the same time, young and growing populations are adopting modern lifestyles in urban areas, with more on-the-go consumption, an increasing awareness of health and wellness, and a growing demand for high-quality nutritional food and beverage products.
Rolf Stangl, CEO at SIG said: “The food and beverage market in Asia has seen continuous growth and is expected to continue on that path. Our new production plant will ensure we continue to excel at bringing new and exciting product and packaging concepts to market, quickly and efficiently.
“Together with our Tech Centre close by, the new plant is another pivotal moment for SIG in Asia. We will grow our business in the APAC region, but also expedite true beverage and dairy innovation for our customers, so they can quickly adapt to the changing lifestyle needs of Asian consumers.”