"The investment demonstrates UPM Raflatac's long-term commitment to the Indian labeling market,” says Jussi Vanhanen, senior vice president of UPM Raflatac Asia-Pacific. “We believe our customers will appreciate our local supply of high quality filmic labelstock range, as well as our renowned specialty range of paper laminates. Most important, we intend to provide a superior service experience."
UPM Raflatac is investing heavily in the Asia-Pacific labeling business. The company recently announced the establishment of a new terminal operation in Auckland, New Zealand and in Bangkok, Thailand. In March, the company celebrated the grand opening of its new pressure sensitive labelstock production facility in Changshu, China. During 2006, slitting and distribution terminals were opened in Jakarta, Indonesia and Guangzhou, China. UPM Raflatac currently operates factories in the Asia-Pacific region in China, Malaysia and Australia.