PETpla.net Insider 04 / 2011

NEWS 7 PET planet insider Vol. 12 No. 04/11 www.petpla.net ‘60 not out’ for CCL CCL Label Gmbh, founded in 1951, is celebrating its 60 th anniversary this year. It currently operates 60 pro- duction facilities worldwide and has approximately 5,800 employees, CCL is the largest converter of pressure sensi- tive and film material for label applications and also pro- duces aluminium aerosol bot- tles, cans and extruded plastic tubes. www.cclbeverage.com Sidel creates South Africa subsidiary The Sidel Group has established Sidel South Africa, a new subsidiary company, which is based in Johannes- burg and will serve customers in all countries in southern Africa, as far north as Tanzania. The company has had an agency presence in the country for 30 years and has an installed base of more than 400 pieces of equipment. Sidel’s presence is mainly in the CSD, beer and convert- ers segments. The beer market is forecast to grow by 5.4% a year from 2010 to 2014, and carbonated bever- ages to expand at 1.6% annually. Sidel marked the estab- lishment of its new subsidiary with a one-day event in October 2010, held at its offices in Johannesburg, entitled ‘Sustainability in Packaging’. www.sidel.com Resilux increases profits and raises dividend Resilux, the Belgian manufacturer of PET preforms and bottles, has announced rises in sales volumes, turnover (revenues) and profits in 2010. Sales volumes increased by 10.3% compared to 2009, with the strongest growth being seen in Spain, Central Europe and Russia. Turnover rose by 15.9% to €233.6 million, attributed to both increased sales volumes and to rises in raw material costs. Resilux is able to pass on fluctuations in raw material prices to its customers. The total number of employees has also increased, by 47 full-time equivalents. Total cash costs are reported to have increased by 4.2%. Pre-tax profit was €14.8 million, €1.4 million higher than 2009; profits after tax were €12.8 million. The company increased investment in fixed assets in 2010, to €12 mil- lion (2009: €11 million). Major investments included increased machinery and mould capacity, and start-up costs for the Air- 0Pack joint venture with Air0- Lux AG. Resilux expects deliv- eries of Air0Pack to commence in 2011. Net financial debt rose to €30.5 million at December 31, 2010 (2009: €22.7 million) which the company attributes to increased working capi- tal. A dividend €1.65/share is proposed, up 10% over 2009. Resilux expects 2011 results to be in line with those of 2010. www.resilux.com Visit us: Hall 13 Stand B73/C74 Performance www.sipa.it