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 and 80% of the company's sales. Production will increase five-fold with an investment of USD 4.5 million. The enterprise is aiming for sales of USD 10 million in the first year of operation
Origin
Unknown
Journal Title
Glassonline 30 June 2006
Sector
Container glass
Class
C 3740