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Essel Propack

EPL Limited (formerly Essel Propack Limited) is a global tube-packaging company owned by The Blackstone Group headquartered in Mumbai.[2] It is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space.[3][4]

In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,[5] selling more than six billion tubes each year and claims to be the world's largest plastic tubes manufacturer.[6] As of 2009, the company had a global market share of 33% in the toothpaste tube packaging industry.[7]

History

The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO Cyrus Bagwadia.[8][9]

In 2002, Essel Propack set up a 60,000 sq.ft, US$15 Million manufacturing plant in Danville, Virginia, to make toothpaste tubes for Procter & Gamble's North American market.[3][10][11] In the same year, the company set up its fourth plant in China.[12]

The company was acquired by The Blackstone Group in 2019 during an assets sale of the debt-ridden Essel Group.[2] The company was renamed to EPL Limited in October 2020.[13]

Awards and recognition

In 2013, the company's Europe division received the Tube of the Year award from the European Tube Manufacturer’s Association.[14]

References

  1. Swaraj Singh Dhanjal. Blackstone sells 23% stake in Essel Propack in block deal worth $252 mn mint, 18 September 2020, retrieved 28 February 2023^
  2. Sudhanshu Vats Appointed CEO And MD at Essel Propack BW Businessworld, 15 April 2020^
  3. A Tale of the Tubes Chief Executive.net, Chief Executive Group LLC, 1 October 2003, retrieved 1 September 2013^
  4. James Buckley Jr. The Bathroom Companion: A Collection of Facts about the Most-Used Room in the House Quirk Books, 2005^
  5. The Big Squeeze Business Today, retrieved 1 September 2013^
  6. Essel Propack Boosts Manufacturing Capacity in Egypt, China NDTV, retrieved 2023-04-03^
  7. Hermann Simon. Hidden Champions of the Twenty-First Century Springer, 2009^
  8. Essel Packaging in merger deal with Propack The Hindu, 16 November 2000, retrieved 1 September 2013^
  9. Essel Packaging announces merger with Swiss major The Indian Express, 16 November 2000, retrieved 1 September 2013^
  10. Essel Propack setting up unit in USA, to expand facilities in China, Egypt Projects Today, 20 April 2002, retrieved 1 September 2013^
  11. Deborah Orr. Coming to America Forbes, 27 October 2003, retrieved 1 September 2013^
  12. EPGL's fourth unit in China The Hindu, 31 March 2002^
  13. Essel Propack To Be Renamed As EPL BloombergQuint, 12 October 2020, retrieved 2021-06-28^
  14. Admin. Essel Propack America manufacturingdigital.com, 2020-06-03, retrieved 2025-08-12^