SIG announces further Asia-Pacific expansion

As the Asia-Pacif­ic region con­tin­ues to be one of the major growth engines for asep­tic car­ton pack­ag­ing, SIG has announced invest­ment in the region with the con­struc­tion of a sec­ond pro­duc­tion plant in Suzhou, China.

To meet cur­rent and future cus­tomer demand, the new 120,000 square meter plant is expect­ed to be oper­a­tional in ear­ly 2021 and will be sit­u­at­ed at the Suzhou Indus­tri­al Park (SIP), close to the company’s exist­ing pro­duc­tion facil­i­ty and Tech Cen­tre. With a total invest­ment of EUR 180 mil­lion, the new plant will ensure excep­tion­al deliv­ery on out­stand­ing oppor­tu­ni­ties in the Asia-Pacif­ic region, where most coun­tries con­tin­ue to grow sig­nif­i­cant­ly. 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.

Across Asia, mil­lions of peo­ple are only now start­ing to con­sume pack­aged food and bev­er­ages. The rise of new con­sumers, dri­ven by increas­ing income, chang­ing lifestyles and new con­sump­tion habits, rep­re­sents a huge oppor­tu­ni­ty for asep­tic car­ton pack­ag­ing with its long shelf life with­out the need of a cool­ing chain.

At the same time, young and grow­ing pop­u­la­tions are adopt­ing mod­ern lifestyles in urban areas, with more on-the-go con­sump­tion, an increas­ing aware­ness of health and well­ness, and a grow­ing demand for high-qual­i­ty nutri­tion­al food and bev­er­age products.

“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.”

Rolf Stan­gl, CEO at SIG