France-based Alcan Packaging has started production trials at a new â‚¬17 million (US$24.4 million) flexible packaging plant in the Czech Republic as part of its strategy to strengthen its position in the growth markets of Central and Eastern Europe, according to www.foodproductiondaily.com .
The announcement on the plant came shortly before the European Commission gave its approval to the proposed US$2.025 billion takeover by Australian company Amcor .
Amcor unveiled its anticipated reorganization with the formation of seven major business units, including a Rigid Plastics division that would consist of what was previously Amcor PET Packaging, Bericap closures - North America and Alcan Packaging Pharma Plastics (Rigids).
The combined Amcor and Alcan Packaging businesses in Europe currently have sales of approximately US$4.8 billion across 75 plants.
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