O-I Confidence In Growing Indonesian And Southeast Asia Markets

O-I Inc has announced it is making a significant investment in its Jakarta plant, and introducing narrow-neck press and blow (NNPB), enabling efficient lightweight bottle production. An existing production line was also recently upgraded to increase speed and capacity, allowing the company to continue to serve Indonesia's leading food, beverage and pharmaceutical brands, as well as the ever-expanding Southeast Asia market. O-I Jakarta's President Director, Joseph Haddad, says O-I's investment is a direct result of growing customer demand and the company's confidence in the growth prospects that exist for Southeast Asia-based manufacturers. "The Indonesian and Southeast Asian markets represent major opportunities for our Jakarta plant, which has supplied Indonesia's food, beverage and pharmaceutical markets with quality glass containers for the last 40 years and is set to play an integral role in achieving O-I's growth targets," said Haddad. "O-I's 2013 Asia Pacific volume gains were driven by strong growth in Southeast Asia, a trend we expect to continue," he added.

Author
Un-named
Origin
Unknown
Journal Title
Gmpa 2/2014 32-33
Sector
Container glass
Class
C 5114

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O-I Confidence In Growing Indonesian And Southeast Asia Markets
Gmpa 2/2014 32-33
C 5114
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