New facility is planned for expansion in the pharmaceutical packaging material market
Schott, a manufacturer of pharmaceutical glass and packaging, is investing 20 million EUR to build a new glass tank at an Indian manufacturing plant in Jambusar, Gujarat. The company is building the new tank facility to expand its production capacity and meet increasing demand for pharmaceutical packaging materials in the global market.
Schott Glass India managing director Georg Sparschuh said, “We feel proud that SCHOTT’s manufacturing journey is a resounding success story of ”Make in India” campaign wherein not only world class products are manufactured for domestic and export markets, but also new talents are nurtured in the process.”
The firm has started construction work on the new tank facility, and is expected to be operational by January 2020. The facility will produce premium borosilicate glass tubing such as Fiolax clear, which will be used in pharmaceutical packaging, specifically vials and ampoules for Indian and export markets. As part of the production network within the firm’s tubing business unit, the new tank will be installed with advanced machinery similar to all other tubing factories across the globe.
The firm’s Indian plant serves as a production hub for its pharmaceutical tubing in Asia and manufactures Fiolax pharmaceutical tubing.
Scott will also construct new energy supply and warehouse space, as well as workshops, as part of the project. The company will also expand energy storage, engineering and logistics infrastructure within the facility.
Schott tubing business unit executive vice president Dr Patrick Markschlaeger said, “The rapid development of the Indian pharmaceutical market requires a strong growth of high-end pharmaceutical packaging and in consequence high-end pharmaceutical tubing.
“We estimate a market growth for premium packaging and therefore for tubing to continue on a very strong level in the coming years.”