Peru's Cristalerías Ferrand has announced its association with Germany's Heinz Glas to form a new company, Heinz-Ferrand Glass. The move strengthens Cristalerías Ferrand's commitment to the business of manufacturing containers for the cosmetics and perfume industry, which accounts for between 70-80% of company sales. Production will increase five-fold with an investment of US$ 4.5M. The enterprise is aiming for sales of US$ 10M in the first year of operation.
Origin
Unknown
Journal Title
Glassonline 30 June 2006
Sector
Container glass
Class
C 3007