Graham Packaging a US based company engaged in design, sale, and manufacture of value-added, custom blow-molded plastic containers for branded consumer products in Asia, is expected to raise the demand for high density polyethylene blow molding resins in the region.
As reported by platts.com, the Graham estimates that it will need about 90,000 mt/year of blow molding HDPE, with at least nine production facilities across Asia.
China Roots Packaging, a Guangzhou based company has been acquired by Graham on 1 July 2010, from Malaysia’s PCCS Group. Graham is also underway to acquire another three factories in China.
The company is also building a new facility in Japan and two more in Indonesia, which are scheduled to be opened by the end of 2010 and 2011 respectively. The company has planned to open new facility in Thailand and Vietnam by 2012.
The customers of Graham Packaging include PepsiCo, Danone, Procter & Gamble and Unilever. It produces more than 20 billion containers each year.