[India] Piramal Eyes Growing Cosmetic Sector

Syrup bottles are increasingly making way for perfumes at Piramal Glass. With demand for amber glass bottles in India depleting, the Piramal group is shifting 20% of its pharma glass capacity to the cosmetics & perfumery (C&P) segment. Of its total 1,100/tpd capacity, C&P glass constitutes 330/t; 440/t is pharma glass, & the remaining 330/t is for speciality food & beverages. This will soon change to 580/t for C&P & 385/t for pharma, as overall capacity touches 1,265/tpd. Piramal supplies Procter & Gamble; Coty; L'oreal, Estee Lauder; Mary Kay, LMVH & others. The fancy bottles of perfume brands like Pur Desir; Chevignon; Puma Flowing & Dior, amongst others, come from Piramal's furnaces. "We have relationship with 17 of the 20 top customers who constitute 80% of the premium market (globally)." Said Mr Vijay Shah, MD.

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Journal Title
Asian Glass Oct/Nov 2010 8
Sector
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N 2540

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[India] Piramal Eyes Growing Cosmetic Sector
Asian Glass Oct/Nov 2010 8
N 2540
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