Cardia establishes Brazilian manufacturing plant
Due to high demand for its retail carry bags, Cardia Bioplastics has set up its own film and bag manufacturing plant in São Paulo, Brazil. The company has leased new purpose-built facilities and plans to commence operations in September 2014.
The facility will have the capacity to deliver 500 million retail carry bags per year. This capacity is more than four times greater than that of the company’s manufacturing plant in Nanjing, China.
Despite these large numbers, Cardia’s Brazilian bag-making capacity equates to less than 1% of the Brazilian retail carry bag market.
The company has secured annual supply contracts with Brazilian retailers Ricoy Supermercados and Drogaria Araujo.
“We are thrilled with our new manufacturing facility. The Brazilian retail market is a major market for our Biohybrid carry bags. With our own production coming on stream, we are now poised to deliver the increasing orders that we have been receiving, whilst further growing the business,” said Cardia Bioplastics Latin America Managing Director João Paulo Mignot.
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