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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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The joint venture (SB-Constantia Flexibles), between two flexible packaging industry leaders and Premji Invest as shareholders, will leverage each company’s unique strengths and resources to achieve greater success in the Indian market.\u003C\u002Fp>\r\n\u003Cp>SB-Constantia Flexibles will operate in the food and hygiene markets, offering medium- to high-barrier packaging solutions. It will have close to 2,700 employees across nine plants spread across the country. Deepak Ganjoo, Ex-President, AMESA (India, Middle East, and Africa) region, Essel Propack Ltd has been appointed as the CEO of the joint venture and will spearhead the business. Ganjoo and the management team will focus on delivering sustainable and innovative solutions to customers in India and South Asia under the guidance and mentorship of the Board of Directors—Vervaat, Amit Banga, and Rajesh Ramaiah from Premji Invest—and the key shareholder representatives on the Board will focus on driving the strategic imperatives and inorganic growth of the JV.\u003C\u002Fp>\r\n\u003Cp>The JV will pursue organic and inorganic growth opportunities in higher value-added market segments, continuing its strong growth trajectory in the hygiene, food, and HPC segments even as it further develops the sustainable mono-material EcoLam product range. It will bring together the mono-material capabilities of both Constantia Flexibles India and SB Packagings and offer medium- to high-barrier packaging solutions to the food and hygiene markets. KPMG in India acted as the exclusive financial advisor to Constantia Flexibles for the transaction.\u003C\u002Fp>\r\n\u003Cp>Against this backdrop, Pim Vervaat, Global CEO, Constantia Flexibles, stated, “I have full confidence in the partnership's ability to be an effective solution provider to its customers in India through innovation and excellence. We will drive growth and profitability for all stakeholders.” To this, the MD of SB Packagings added, “The joint venture positions us as a clear leader to drive the sustainable packaging agenda in India and beyond with a unique product offering.” Similarly, O P Banga, Founder, SB Packagings, conveyed his best wishes for the joint venture.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.cflex.com, www sbpackagings.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002F13EclZ4zIOSC09zcrx54.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJune2023\u002F13EclZ4zIOSC09zcrx54.jpg","2023-06-02T23:51:15+05:30",0,"Constantia Flexibles and SB Packagings have finalized a joint venture to establish a leading sustainable packaging platform in South Asia.\nThe new entity will operate nine manufacturing plants and employ approximately 2,700 people to serve the food and hygiene sectors.\nDeepak Ganjoo has been appointed CEO to lead strategic growth and the expansion of the sustainable EcoLam product range.","Big news in the sustainable packaging sector: Constantia Flexibles and SB Packagings have officially formed a joint venture to transform the South Asian market. Backed by Premji Invest, this strategic partnership aims to leverage combined technical strengths to deliver high-barrier, sustainable solutions for the food and hygiene industries. With Deepak Ganjoo appointed as CEO, the JV is set to scale operations across nine facilities, focusing on both organic growth and innovation in mono-material technology. This move represents a significant shift in the packaging landscape, promising to drive higher value-added services for stakeholders and customers alike. We look forward to seeing how this alliance accelerates the global shift toward more sustainable packaging architectures. #SustainablePackaging #PackagingIndustry #BusinessNews","Major shift in the packaging industry: Constantia Flexibles and SB Packagings launch a joint venture to lead the sustainable market in India and South Asia. New CEO Deepak Ganjoo will spearhead growth and innovation. #Packaging #Sustainability","Big moves in the packaging world! 🌏 Constantia Flexibles and SB Packagings have officially teamed up to create a sustainable powerhouse in India and South Asia. With 9 plants and a massive team of 2,700, this joint venture is set to revolutionize the food and hygiene packaging sectors. 📦✨ \n\nWe’re excited to see how their focus on the EcoLam mono-material range and high-barrier solutions will drive innovation forward. A major win for sustainable business practices! Congratulations to the entire team on this new chapter. \n\n#ConstantiaFlexibles #SBPackagings #SustainablePackaging #EcoFriendly #PackagingDesign #IndustryNews #Innovation",{"title":145,"description":147,"keywords":158},"sustainable packaging, flexible packaging, constantia flexibles, sb packagings, india packaging market, b2b news, packaging innovation, supply chain sustainability, trade industry, joint venture",{"title":160,"slug":161,"imageUrl":162},"SANY India Strengthens Presence in Pune with New 4S Office for Construction Equipment","sany-india-strengthens-presence-in-pune-with-new-4s-office-for-construction-equipment","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002FLmk56MHFxy7ys5MihPb0.JPG",{"title":164,"slug":165,"imageUrl":166},"Rohde & Schwarz and IEMN Collaborate to Research THz Communications","rohde-schwarz-and-iemn-collaborate-to-research-thz-communications","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002F9VVHSp67maVqLtWbZTCc.jpg",{"data":168,"links":173,"meta":177},[169],{"title":170,"youtubeUrl":171,"createdAt":172},"Bharat Fritz Werner Ltd. 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