Acting Globally, Thinking Locally: Eviosys Opens State-of-the-Art Plant in Thailand

ZUG, SWITZERLAND, Apr 19, 2023 – (ACN Newswire) – Global packaging giant Eviosys has today announced its expansion into Asia, opening a brand-new, state-of-the-art plant in Thailand. With this investment, Eviosys will bring its expertise and leadership to the region. As Eviosys looks to continue to grow in 2023, this new plant will serve as a benchmark for expanding into new markets.

The plant will feature state-of-the-art new eco-friendly equipment with reduced energy-use and will be fully powered by electricity – eliminating the need for gas – in line with Eviosys' goal to reduce emissions by 20% by 2027. The aluminium used will be provided by a local supplier located less than 100km from the plant, further reducing the carbon footprint as well as supporting local employment. Eviosys will hire and develop local teams on site, contributing to its ambitious Preserve Together programme and the development of the region simultaneously. For Eviosys, sustainability expands beyond the circularity of its products. The business is keen to lead by example and support local communities around all of its plants globally.

Of the new expansion, Francois Querrioux, COO at Eviosys, said: "Whilst being a global player in the industry, Eviosys also seeks to maintain its roots at all times and support local communities in the regions we invest in. Our expansion into Thailand represents an exciting move into a new market. Sustainability remains the central focus of our operations, and the line of classic drawn-piece aluminium cans that will be produced here for the local market will advance progress towards our goal of being the first choice in innovative and sustainable packaging globally."

Eviosys is offering infinitely recyclable metal packaging. The 85-gram, single-serve, drawn aluminium cans produced in the new plant will serve the local wet pet food category (a segment currently underserved with a 6% annual growth rate). Metal is a strong, durable material, with unbeatable shelf-life credentials which better protect and preserve brands' products and our planet. The 85g format and the durability of metal will both help fight waste across the full supply chain all the way to the consumer's cupboard.

Notes to Editors

About Eviosys

Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands. Eviosys has the largest manufacturing footprint in Europe, the Middle East and Africa with 7,000 employees in 44 manufacturing facilities across 17 countries in the region. In 2022, it generated EUR 2.7 billion in revenue. Eviosys is a portfolio company of KPS Capital Partners, LP. www.eviosys.com.

Contact Information:
Maisie Jenyon
PR Manager
eviosysuk@grayling.com

SOURCE: Eviosys

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Eviosys Opens Luncheon Meat Can Line in Turkiye

KARACABEY, TURKEY, Mar 23, 2023 – (ACN Newswire) – Eviosys announces the launch in Turkiye of a rectangular can manufacturing line for luncheon meat packaging, in response to customer demand indicating an expanding meat market. Backed by an investment of EUR 1.5m, the new three-piece rectangular can line brings together sustainable metal packaging, a light infinitely recyclable tinplate and the quality and reliability Eviosys delivers.

Eviosys brings its leading expertise in irregular can shapes and canned meat packaging to Turkiye. As the industry is dealing with quality control issues and supply chain disruptions, Eviosys is making a tangible difference, ensuring local businesses are supported even in uncertain times.

Metal packaging is inherently sustainable and endlessly recyclable. Launching local production further reduces carbon emissions in the packaging supply chain. In a recent consumer survey* conducted by Eviosys, 81% of consumers in Europe care about the environment, with three-quarters (74%) of respondents considering metal packaging more sustainable than plastic.

Metal packaging is undeniably the best for brands distributing in Turkiye and the Middle East. Attention to detail and quality assurance means Eviosys is the leading supplier for innovative, sustainable packaging solutions. Eviosys is committed to serving customers with a hyper-local perspective and solutions to cater to end customers' requests.

Koray ATILLA, General Manager Eviosys Turkiye, said: "Eviosys continues to invest in its facilities and develop its product portfolio at an impressive rate. We understand the importance of market-specific data and utilize this to guide our design and offerings to local markets. This new line is significant as it represents our commitment to match the pace of changing consumer demands and our dedication to provide sustainable and high-quality packaging to our customers. We are here to answer their calls."

Mr. Tashin Kabaali, Owner of Akdeniz Entegre, said: "Eviosys's latest investment in the region is one of the reasons we see them as a trusted partner. The quality of products and supply chain security provided by Eviosys are unique and give us confidence that we are able to consistently serve our customers at the highest levels."

Notes to Editors:
Contact: eviosys@grayling.com

* Survey by Eviosys and Focaldata September 2022.

About Eviosys

Eviosys is a leading global supplier of metal packaging, producing food cans and ends, aerosol cans, metal closures and promotional packaging to preserve the products of hundreds of consumer brands. Eviosys has the largest manufacturing footprint in Europe, the Middle East and Africa, with 7,000 employees in 44 manufacturing facilities across 17 countries in the region. In 2022, it generated EUR 2.7 billion in revenue. Eviosys is a portfolio company of KPS Capital Partners, LP. For more information, visit www.eviosys.com.

Contact Information
Maisie Jenyon
PR Manager
eviosysuk@grayling.com
+44 (0)7972 368306

SOURCE: Eviosys

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Shrinkflex (SET: SFT) is Listed on the Stock Exchange of Thailand

BANGKOK, Nov 5, 2020 – (ACN Newswire) – Shrinkflex (Thailand) PCL (SET: SFT) is a leading provider of integrated labeling solutions featuring plastic shrink films in ASEAN. On October 29 the company was listed in the Market for Alternative Investment (MAI).

SFT executives are moving ahead with plans to invest in expanding the company's manufacturing facilities and adding new lines of products. The investment plans will add better value and boost the company's brand image in anticipation of continuing market growth in spite of the Covid-19 pandemic. This year's growth is expected to be in the double-digits.

Mr. Sung Cheong Tsoi, SFT's Founder and Chief Executive Office, says he is confident that, having listed in the MAI under the symbol SFT, the company will receive great interest from investors because of the company's tremendous business potential.

SFT's strength lies in its experience and expertise in the production of shrink film labels for more than 12 years. The company has helped its customers meet the challenge of building a positive image and adding value to their brand identity. Its integrated shrink film label solutions have long earned SFT customers' trust.

Thailand is currently a production hub for export of food and beverage products, which has led to a stronger demand for shrink film labels for brand building. Furthermore, shrink film labels have been popularly used to replace other types of labels. Consequently, the shrink film label industry has grown substantially, with this year's growth predicted to reach 5% even in the face of the Covid-19 pandemic.

SFT is in a good position to take advantage of the situation. The company has the production capability, employing modern technology in both gravure and digital printing, which enables it to meet customers' demand for high-quality shrink film labels with quick turnaround.

SFT is currently in the process of building a new manufacturing plant to increase its production capacity from 133 million meters a year to 185 million meters a year. The company is also adding new product lines, such as POF shrink film and flexible packaging, which would add more value to our customers' brands.

Looking ahead, the company is confident that its growth this year would be in the double-digits or at least 10% even against adverse conditions like the Covid-19 pandemic and uncertain political situations. In the first half of the year (January-June 2020), SFT earned 330.47 million baht in revenue, an increase of 12.05% compared to the same period of last year, and an operating profit of 49.64 million baht, an increase of 14.38% compared to last year.

"We've set our sight on being a leader in the ASEAN region in providing integrated labeling solutions for shrink film labels," says Mr. Sung Cheong Tsoi. "We are determined to provide both products and services from beginning to finish to help add better value to our customers' brands. This will have direct and positive impacts for both our current and new customers, and in turn will contribute to our sustainable growth."

Speaking as SFT's financial advisor and underwriter, Mr. Khomklit Meekumsat, Managing Director of the Capital Market Department at RHB Securities (Thailand) Pcl., says SFT is a company with great potentials as it is a leading provider of complete labeling solutions with shrink film labeling products.

"The company provides consultations on packaging, selection of package shapes and packaging designs as well as technical details about film shrinking. This enables it to meet the demand of customers in various industries, for example, foods and beverages, cosmetics, beauty products and household products," Mr. Khomklit says.

Meanwhile, SFT is boosting its competitiveness with an investment plan that will see an expansion of production capacity and an addition of new lines of products. Furthermore, the company will have teams of experts working closely with customers in the development of shrink film labels that are fit for their products and boost their brand identities.

Those are the reasons why SFT has earned the trust of many prominent enterprises, such as Oishi Trading Co., Ltd., Ichitan Group Pcl., Sri Nana Porn Marketing Pcl., Cosmos Brewery (Thailand) Co., Ltd., Better Way (Thailand) Co., Ltd., and Lion Corporation (Thailand) Ltd.

As a result of the factors mentioned, SFT's past performance has seen a sustained, continual growth trajectory. It is particularly true during the past three years (2017-2019). The company's compound average growth rate (CAGR) is 70.65% is a testament to its strength of performance.

It can, therefore, be stated with confidence that when the SFT stock begins trading in the Market for Alternative Investment, it would be a growth stock that will draw strong interest from investors.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Shrinkflex (Thailand) Plc.

For additional information,
Yuttachai (Tle) Praikanahok
Tel: +66 2 612 2081 ext. 125, or +66 91 736 2866
Email: yuttachai.p@mtmultimedia.com

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