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Dr Pepper Snapple Profits Rise in Mexico, Plans Further Growth
Posted on : 14 Sep, 2015
One of the most popular beverage brands in the Americas, Dr Pepper Snapple (DPS) is expanding in Mexico. In the last quarter, the company’s operating profit in Mexico rose 29% making it an important part of DPS business. Its Mexican and Caribbean bottler case sales (BCS) rose 7% while US and Canada BCS only rose 1% in volume growth.
Better known in Mexico through its brands like Peñafiel, Squirt, Clamato and Aguafiel, DPS is selling carbonated mineral water, flavored CSDs, bottled water and vegetable juices in the country. Among these brands, Peñafiel – DPS’s Mexican mineral water brand is the most successful with further growth potential.
The Peñafiel success story in Mexico is mainly attributed to the fact that DPS was able to penetrate the largest Cstore chain in Mexico, OXO which helped it reached more customers.
Currently, DPS’s products are only available in the central parts of Mexico – especially in Mexico City, Guadalajara, and a few other places.
The company recognizes the importance of a strong distribution network to cover other parts of the country.
More on CSDs, RTDs, and other beverages consumption trends will be discussed at 13th LAPET in Mexico City on 21-22 October, 2015.
Contact Ms. Hafizah at email@example.com or call + 65 6346 9218 for more details.
Mexico’s thermoformed packaging developing at a fast rate
Posted on : 19 Aug, 2015
Mexico's thermoformed packaging industry is modern, competitive and developing fast, according to a recent market report by Plastics News. This is attributed to the country's increasingly strong economic ties with neighbor - the United States.
Mexican thermoformers are also embracing the global sustainability trend with packaging becoming more and more eco-friendly - both biodegradable and recyclable.
According to Steffen Sieber, senior sales mangaer of Brückner Maschinen bau GmbH & COKG, the market for flexible and rigid packaging machinery is growing at a rate of 4-6 percent a year.
Although Mexico City has about 100 thermoformers (as mentioned by Mexico City-based national plastics industry association, Anipac in its company directory), it is said that the market is dominated by five or six companies, especially in the food segment.
Industry analysts predict the Mexican plastics in 2015 to be impacted by several factors including: international oil prices, the U.S. economy, growing consumerism in Mexico as well as the start of production at Braskem Idesa's $4.5 billion Ethylene XXI complex in Veracruzstate.
13th LAPET (Latin America PET Markets, Applications & Recycling) in Mexico City on 21-22 October, 2015 will discuss the Mexican thermoform industry in greater detail.
Evertis to add PET film making production capacity in Mexico, Brazil, Portugal
Posted on : 24 Jun, 2015
PET film maker Evertis has announced the expansion of its production facilities in Mexico, Brazil and Portugal recently.
It is said that Evertis will increase production by a total of 21,000 tons per year between the three sites which includes adding 5,000, 6,000 and 10,000 tons in Brazil, Mexico and Portugal respectively.
Its Portugal plant has already increased capacity from 30,000 to 45,000 tons last year. The new expansion will help the maker of mono and multilayer PET film for packaged products to almost double its production.
A subsidiary of IMG Group of Portugal, Evertis aims to become the second largest PET film producer in Europe over the next few years.
The Portugal plant is expected to produce thin gauges that are aimed at a wider range of applications. It also plans to meet the increasing demand for lightweight materials and decreased packaging to adjust to higher environmental standards.
Its new Mexico plant is expected to target the United States market.
More on PET markets in Latin America will be discussed at 13th LAPET (Latin America PET Resin Trade, Application & Recycling) on 21-22 October, 2015 in Mexico City.