 "Toppan Printing's transparent barrier films plant")
Toppan USA Inc, the US-based subsidiary of Japan’s Toppan Printing Co Ltd, has completed construction of a new manufacturing plant for transparent barrier films in Georgia (USA) – Toppan’s first transparent barrier film production site outside Japan.
The plant will predominantly produce GL Film, the transparent barrier film brand that is used in sectors such as food, drinks, medical care, pharmaceuticals, and industrial materials. The opening of the Georgia plant, built with an investment of approximately Yen 10 billion, will significantly bolster the company’s capacity to supply transparent barrier films. Toppan will enhance its ability to provide such films to North America and Europe, as well as to markets for which future growth is anticipated, such as Central and South America.
Toppan Printing, which began sales of transparent barrier films, including GL Film, in 1986, today enjoys a significant share of the global market for such films.
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Due to factors such as environmental considerations, the global packaging market is seeing initiatives to reduce food loss and replace glass and metal containers with flexible packaging, meaning that increased demand for transparent barrier films is anticipated. In particular, large structural shifts are taking place in the North American food packaging market, such as increasing needs for longer shelf lives and greater safety, which have arisen due to changes in lifestyles.
In light of these trends, Toppan has constructed a manufacturing site in Georgia, USA, from which it will provide high-quality transparent films to North America, Europe, and growth markets such as Central and South America.
Toppan Printing is targeting total sales of approximately Yen 100 billion in the fiscal year ending March 2019 for its transparent barrier film-related business.
