TOYO PACKAGING CONFIRMS NEW BOBST ROTOMEC

Posted on 2015-01-01

INVESTING IN THE FUTURE “The investment is not a surprise call, it’s a much needed anticipated decision considering that we were almost at full utilization of our existing production capabilities.” Toyo Packaging took a great step forward when by investing into a new Rotogravure Printing Machine. The company confirmed the signing of the new machinery on 27th May 2015 when the company’s Managing Director, Shariq Maqbool along with the company’s Operations Director, Habib Elahi visited to China to attend the ChinaPlas 2015 Exhibition in Guangzhou. The company’s Operation Director expressed that the decision did not came as a surprise, instead it was a more anticipated strategic move considering the company’s rapid growth in the prevailing years. He stated: “The investment is not a surprise call, it’s a much needed anticipated decision considering that we were almost at full utilization of our existing production capabilities.” The new expansion means that Toyo Packaging will have an additional printing capacity of One Hundred and Twenty Five tons, leading to at least Two Hundred and Fifty tons of laminated products. This almost doubles their existing production capability of the Flexible packaging production and is a bold step forward considering other competitors have also invested in recent times. Many people anticipate that Toyo’s expansion is based on the changing dynamics of the Flexible Packaging Industry where a number of companies have invested in new projects. Referring to this view, when we spoke to the Managing Director of the company, he emphasized that this has not been an influential factor when signing of the new machine. “The expansion project is justified with our existing capacity utilization and the changing dynamics of the market does not have a major impact on our decision”. BOBST GROUP & TOYO BOBST is the world’s leading supplier of machinery and services to packaging manufacturers in the flexible packaging industry. It was founded in 1890 by Joseph Bobst in Lausanne, Switzerland. Toyo Packaging is the leading Flexible packaging company in Pakistan. Founded in 1989 by Maqbool Elahi, it has successfully served the industry for over 25 years. The company is a sister concern of MACPAC Films Ltd. Toyo Group & BOBST has their relationship since 1984, having purchased a vacuum metalliser for former group company Metaplast. Toyo Packaging also purchased a metalliser for their existing facility in 2002. In 2014 MACPAC installed a new K5000 metalliser in their Port Qasim factory.