Type Public company Founder Subhash Chandra Number of employees 2700+ (2014) Revenue 21.94 billion INR (2014) Founded 1982 | Industry Tube Packaging Area served Worldwide Headquarters India Parent organization Essel Group | |
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Stock price ESSELPACK (NSE) ₹ 232.00 +1.70 (+0.74%)7 Mar, 3:30 PM IST - Disclaimer | ||
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Essel Propack is a global tube-packaging company headquartered in Mumbai in India. It is part of the Essel Group, and is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space.
Contents
- Enterprises television show featuring essel propack
- Fortune media group inc and essel propack
- History
- References
In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries, selling more than six billion tubes each year. At that time, globally, the company held a 33% share of the Oral Care market in terms of volume and was the world’s largest plastic tubes manufacturer.
Fortune media group inc and essel propack
History
The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia.
In 2002, Essel Propack set up a 60,000 sq.ft, US$15 Million manufacturing plant in Danville, Virginia, to make toothpaste tubes for Procter & Gamble's North American market.
That same year, the company set up its fourth plant in China.