Phoenix invests Rs. 350 m on packaging plant

Plastic moulding company Phoenix Industries laid the foundation stone for a a new plant at Horana which will be fully dedicated to Unilever.

It is on a seven acre plot of land opposite the Unilever factory premises.

“This model plant will be developed to meet all quality compliances to manufacture personal care and food packaging products under stringent hygienic conditions,” a spokesman for Phoenix Industries said.

“With this new venture Phoenix will be able to meet the requirements of Unilever even better as they will now be in close proximity to their client,” he said.

“Phoenix’s business relationship with Unilever spans over 25 years, and today we have become one of the major packaging suppliers to Unilever. Our supplies include plastic packaging for major brands such as Pears, Ponds, Vaseline, Lux, Knorr, Domex, Signal, Astra and Flora.

Phoenix will commence operation of this dedicated plant by the end of the year,” said Managing Director, Phoenix Industries, Aslam Omar.

“Our focus will be to understand customer needs and provide cost effective polymer based packaging solutions to Unilever,” said Omar. This dedicated plant which is built with an investment of Rs. 350 million, will be fully geared to supply all Unilever’s packaging needs by integrating Phoenix Industries current production lines, to meet Unilever packaging demands on a just in time basis.”

“Our aim is to grow along with the customer and to become the most preferred plastic packaging solutions provider in the coming years,” he said.“Our clientele includes the largest local and multinational companies in Sri Lanka such as Unilever, Elephant House, Chevron, Hemas, Cargills, Milco, Natures Secret, Reckits, Smak, Abans, Nestle, Glaxo, Pepsi, Distilleries, Lion Brewery, Millers Brewery and Arpico.