BERICAP, one of the leading global manufacturers of plastic and aluminium closures, is reporting strong revenue of €1.2 billion (US$1.29 billion) at the end of its financial year 2022.
Strong growth in demand for innovative closures that are tailored to customer needs drove up BERICAP’s annual production output last year to 95 billion closures for the beverage and liquid food industry, as well as the industrial and chemicals sectors.
With more than 26 production plants serving customers in over 100 countries across the world, BERICAP is building on the positive development in 2022 and remains on track for growth of around 5% in 2023.
BERICAP’s geographic expansion into new growth markets including Southeast Asia, Africa and South America continues, and it is planning to open new production plants in Vietnam and Kenya at the end of 2023.
One major focus for its expansion is the development of tethered caps which will be mandatory in Europe from July 2024 onwards for single-use plastic beverage bottles with a capacity of up to 3 liters. BERICAP product family is already complete with the ClipAside tethered cap, which can be mass produced for all relevant neck finishes. Intensive support during the switchover process is still very important, and the ClipAside design allows customers to change over their filling lines to tethered caps quickly and easily, while continuing to manufacture closures with the current drop- down slit geometry. BERICAP is also extending its sport caps range with the new Biarritz and Mayence models, as well as the premium Monet closure with external tamper ring.
Developing sustainable closure solutions has long been a high priority for BERICAP. It is also introducing lightweighting concepts in all product categories with new neck finish standards and closure designs – because weight and material reductions improve sustainability. Innovative ‘designed for recycling’ solutions made from same type materials improve recyclability and advance closed-loop material cycles.
“In the closure design process, our top priorities are user friendliness, safety and customizability. Our customers appreciate our dependability as a forward-thinking partner committed to delivering best-in-class solutions. It’s great to have these qualities recognized and to see demand for our advice and solutions rising. We are grateful for the trust our customers place in us and look forward to taking our profound closure expertise into even more markets,” said a BERICAP spokesperson.