Toppan Printing to Establish New Transparent Barrier Film Production Plant in U.S.

TOKYO, June 24, 2014 /PRNewswire/ -- Toppan Printing Co., Ltd. (hereafter Toppan Printing) has announced its decision to construct a new plant in Georgia USA. Toppan is aiming to commence mass production at its first transparent barrier film manufacturing site outside Japan in March 2016.

With the launch of the new plant, Toppan will bolster its capacity to supply transparent barrier films, including GL Film, to packaging manufacturers in North America and Europe and further expand its business by taking advantage of the new plant's location.

- Background

Toppan Printing began sales of transparent barrier films, including GL Film, in 1986. Today, the company enjoys a significant share of the global market for such films.

Due to factors such as environmental considerations, Toppan is anticipating further expansion of demand for barrier films in the global packaging market. In particular, demand for barrier films is expected to grow in the North American market, where large structural shifts are taking place in the food packaging industry, such as a need for longer shelf lives brought by changes in lifestyles, and a switch from glass bottles and metal cans to flexible packaging.

In light of these trends, Toppan will construct a manufacturing site in Georgia, USA from which to provide high-quality transparent films to North America as well as new markets.

Toppan will target total sales of approximately 100 billion yen in fiscal 2018 for its transparent barrier film-related business.

- Overview of planned new plant

• Location: Georgia USA
• Site area: 145,667 square meters
• Building area: 10,555 square meters
• Scheduled completion: March 2016
• Product manufactured: Transparent barrier films
• Total investment: Approximately 10 billion yen

- GL Film

This is a collective term for original transparent barrier films developed by Toppan Printing. These films enjoy an excellent reputation not only in Japan, but also in overseas markets such as Europe, North America, and Southeast Asia thanks to a wealth of variations suited to different purposes and the world's highest level barrier performance, achieved using original vapor deposition technology. As a top brand in the transparent barrier film market, GL Film is currently used for approximately 15,000 products in around 45 countries and regions (as of December 2013).

About Toppan Printing Co., Ltd.

Head office: Chiyoda Ward, Tokyo
President & Representative Director: Shingo Kaneko

*The names of companies, products and services featured in this press release are the trademarks or registered trademarks of the respective companies.
*The information in this press release is current as of the date of publication and is subject to change without notice.

Contact:

Hiro Kawamoto
Toppan Printing Company America, Inc.
Sales Promotion Manager (Living Environment)
Tel: +1-212-489-7740 ext.210
Fax: +1-212-969-9349
Email: [email protected]

SOURCE Toppan Printing Co., Ltd.

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