Siegwerk signs a joint venture with Rotopack
publié le jeudi 28 octobre 2021
Siegwerk, provider of printing inks and coatings for packaging applications and labels, announced the signing of a joint venture agreement with Rotopack, a leading supplier in the printing and packaging industry in Pakistan. The jointly founded new company Siegwerk Pakistan will start its business in Q2 of 2022.
The joint venture contract has been officially, in Karachi, where the new company will be located to serve customers across the country. “The joint venture partnership with Rotopack allows us to not only significantly strengthen our footprint in South Asia but also to benefit from Rotopack’s domestic market know-how and network,” explains Dirk Weissenfeldt, Vice President Business Unit Flexible Packaging EMEA at Siegwerk.
The production will focus on inks and coatings for flexible packaging applications first. Going forward, the production will also be expanded to other packaging segments, including water-based and UV products. The partners are currently assembling a local team of local experts and specialists for starting operations in spring next year. The new team members will be trained by Siegwerk experts in Turkey and Germany over the next few weeks.
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