CHINA August 2019
 
SIG set for regional growth with its new state-of-the-art China plant
 
Asia Pacific region continues to be one of the major growth engines for aseptic carton packaging, and to capitalise on this, SIG has recently invested Euro 180 million (US$201.6 million) into a 2nd production plant in Suzhou Industrial Park (SIP), China.
The new 120,000 sq.metre plant is expected to commence operation in early 2021 and it is located near SIG’s existing production facility and Tech Centre. The plant is expected to achieve world-class environmental, safety and operational performance right from the start.
The new production facility is testament to SIG’s strong partnership with SIP and the local government, as well as its unparalleled commitment to deliver world-class packaging, service and the most modern solutions to the rapidly growing Asian markets and to China in particular. SIG’s recently opened cutting-edge Tech Centre in Suzhou supports customer collaboration in the development and implementation of innovative product concepts and market-ready packaging solutions.
With growing demand for packaged food and beverages in Asia brought by higher disposable incomes and changing lifestyles and consumption habits, the demand for aseptic carton packaging also grows exponentially due to its long shelf life without the need of cold logistics chain. In addition, the younger urbanised populations are shifting towards on-the-go consumption, with an increasing awareness of health and wellness leading to higher demand for quality nutritional food and beverage products.
Rolf Stangl, CEO at SIG said “The food and beverage market in Asia has seen continuous growth and is expected to continue on that path. Our new production plant will ensure we continue to excel at bringing new and exciting product and packaging concepts to market, quickly and efficiently. Together with our Tech Centre close by, the new plant is another pivotal moment for SIG in Asia. We will grow our business in the APAC region, but also expedite true beverage and dairy innovation for our customers, so they can quickly adapt to the changing lifestyle needs of Asian consumers.”
Swiss-based SIG is a leading systems and solutions provider for aseptic packaging. In 2018, SIG produced more than 35 billion carton packs and generated €1.7 billion (US$1.9 billion) in revenue.
 
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