Flexible cosmetics packaging in Cuba to benefit from Mexican investment

By Deanna Utroske contact

- Last updated on GMT

Related tags: Cuba, Mexico

Flexible cosmetics packaging in Cuba to benefit from Mexican investment
Industrial Expomayab of Mexico is investing in Cuba’s Light Industry group to take on 82% of that country’s flexible packaging needs, according to MexicanBusinessWeb.com.

The resulting Flexocaribe firm will be located in the western Cuban town of San José de las Lajas, and manufacture packages for the cosmetics industry, as well as for the food and dairy sectors.  

Facilities are in place

Manufacturing technology is apparently already in place there, and the new firm will simply renovate and expand as needed, reports the Havana Times. Flexocaribe will also reportedly “promote exports.”

Up and running

The partnership was announced late last month at the International Havana Trade Fair. And operations could get underway as early as the first quarter of 2015.

Related topics: Business & Financial, Packaging

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