Berry Global, Inc. Announces Hygiene and Healthcare Investment
July 27 2017 - 8:00AM
Business Wire
Berry Global, Inc. (NYSE:BERY) today announced that it is
investing in a state-of-the-art Reicofil RF5 asset to provide an
incremental 20,000 metric tons of capacity serving the Asia
markets. This investment, that will be a part of the Company’s
Health, Hygiene, and Specialties Division, is targeted to meet
forecasted market and customer growth, and will be focused on
premium applications in the desired Hygiene and Healthcare markets.
Berry is conducting a search to determine the best location for the
investment in China. Current projections are for startup in
2019.
“This exciting news demonstrates strong commitment to our
customers' growth around the world, as well as the next step in
advancing our market leading position in hygiene and healthcare
material solutions,” said Scott Tracey, President of Berry’s
Health, Hygiene, and Specialties Division.
“We are pleased to partner with Berry to bring the first asset
with the latest RF5 technology to the China region,” said Dr. Bernd
Kunze, Managing Director of Reifenhäuser REICOFIL GmbH & Co.
KG
About Berry
Berry is committed to its mission of ‘Always Advancing to
Protect What’s Important,’ and proudly partners with its customers
to provide them with value-added customized protection solutions.
The Company’s products include engineered materials, nonwoven
specialty materials, and consumer packaging. Berry’s world
headquarters is located in Evansville, Indiana. With net sales of
$6.5 billion in fiscal 2016, Berry, a Fortune 500 Company, is
listed on the New York Stock Exchange under the ticker symbol BERY.
For additional information, visit Berry’s website at
www.berryglobal.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170727005085/en/
Berry Global, Inc.Media Contact:Eva Schmitz,
812-306-2424PR@berryglobal.comorInvestor Contact:Dustin
Stilwell, 812-306-2964IR@berryglobal.com
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