Rexam has purchased the remaining 50% of its joint plastics venture with Pavisa Industries, in Mexico.

Rexam subsequently takes full ownership of the plastic packaging injection and extrusion blow-moulding manufacturing plant in Mexico City. The plant has more than 300 employees and produces plastic containers and closures for numerous markets, including pharmaceutical, healthcare, cosmetic and personal care.

Graham Chipchase, Rexam Plastic Packaging group director

This move is consistent with Rexam’s strategy to build positions in emerging markets,” said Rexam Plastic Packaging group director Graham Chipchase.

This manufacturing site will help Rexam to exploit the growing demand for plastic packaging across Latin America.