Essel Propack - Revision history

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	{{Use dmy dates\|date=September 2013}}		{{Use dmy dates\|date=September 2013}}
	{{Infobox company		{{Infobox company
	\| name = ~~Essel Propack~~		\| name = EPL
	\| logo = [[File:~~Essel~~ Logo.jpg\|250px]]		\| logo = [[File:EPL Logo with TM.jpg\|250px]]
	\| type = [[Publicly traded company]]		\| type = [[Publicly traded company]]
	\| foundation = [[Mumbai]], [[India]](1982)		\| foundation = [[Mumbai]], [[India]](1982)
	\| founder = Subhash Chandra		\| founder = Subhash Chandra
	\| hq_location = [[Mumbai]], [[India]]		\| hq_location = [[Mumbai]], [[India]]
	\| area_served = Worldwide		\| area_served = Worldwide
	\| key_people = [[~~Ashok Goel~~]] (~~Chairman~~)		\| key_people = [[Sudhanshu Vats]] (MD & CEO)
	\| industry = Tube Packaging		\| industry = Tube Packaging
	\| revenue = {{profit}} {{INRConvert\|2773\|c}} (2019)		\| revenue = {{profit}} {{INRConvert\|2773\|c}} (2019)
	\| num_employees = 2700+ (2014)		\| num_employees = 2700+ (2014)
	\| parent = [[The Blackstone Group]]		\| parent = [[The Blackstone Group]]
	\| homepage = http://www.~~esselpropack~~.com		\| homepage = http://www.eplglobal.com
	}}		}}
	'''Essel Propack''' is a global tube-packaging company owned by [[The Blackstone Group]] headquartered in [[Mumbai]], [[India]].<ref name="businessworld.in">{{Cite web\|title=Sudhanshu Vats Appointed CEO And MD At Essel Propack\|url=http://businessworld.in/article/Sudhanshu-Vats-Appointed-CEO-And-MD-At-Essel-Propack/15-04-2020-189298\|date=15 April 2020\|website=[[BW Businessworld]]\|language=en}}</ref> It is a [[Luxury and specialty packaging\|specialty packaging]] manufacturer of laminated plastic tubes for the FMCG and Pharma space.<ref name="A Tale of the Tubes">{{cite web\|title=A Tale of the Tubes\|url=http://chiefexecutive.net/a-tale-of-the-tubes\|work=Chief Execuitve.net\|publisher=Chief Executive Group LLC\|access-date=1 September 2013\|date=1 October 2003\|archive-url=https://web.archive.org/web/20141205011142/http://chiefexecutive.net/a-tale-of-the-tubes\|archive-date=5 December 2014\|url-status=dead}}</ref><ref name="Jr.2005">{{cite book\|author=James Buckley Jr.\|title=The Bathroom Companion: A Collection of Facts about the Most-Used Room in the House\|url=https://archive.org/details/bathroomcompanio0000buck\|url-access=registration\|year=2005\|publisher=Quirk Books\|isbn=978-1-59474-028-2\|page=[https://archive.org/details/bathroomcompanio0000buck/page/133 133]}}</ref>		'''EPL Limited''' (formerly '''Essel Propack Limited''') is a global tube-packaging company owned by [[The Blackstone Group]] headquartered in [[Mumbai]], [[India]].<ref name="businessworld.in">{{Cite web\|title=Sudhanshu Vats Appointed CEO And MD At Essel Propack\|url=http://businessworld.in/article/Sudhanshu-Vats-Appointed-CEO-And-MD-At-Essel-Propack/15-04-2020-189298\|date=15 April 2020\|website=[[BW Businessworld]]\|language=en}}</ref> It is a [[Luxury and specialty packaging\|specialty packaging]] manufacturer of laminated plastic tubes for the FMCG and Pharma space.<ref name="A Tale of the Tubes">{{cite web\|title=A Tale of the Tubes\|url=http://chiefexecutive.net/a-tale-of-the-tubes\|work=Chief Execuitve.net\|publisher=Chief Executive Group LLC\|access-date=1 September 2013\|date=1 October 2003\|archive-url=https://web.archive.org/web/20141205011142/http://chiefexecutive.net/a-tale-of-the-tubes\|archive-date=5 December 2014\|url-status=dead}}</ref><ref name="Jr.2005">{{cite book\|author=James Buckley Jr.\|title=The Bathroom Companion: A Collection of Facts about the Most-Used Room in the House\|url=https://archive.org/details/bathroomcompanio0000buck\|url-access=registration\|year=2005\|publisher=Quirk Books\|isbn=978-1-59474-028-2\|page=[https://archive.org/details/bathroomcompanio0000buck/page/133 133]}}</ref>

	In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,<ref name="busstod">{{cite web\|title=The Big Squeeze\|url=http://archives.digitaltoday.in/businesstoday/20020707/features3.html\|work=Business Today\|publisher=Living Media India Ltd.\|access-date=1 September 2013}}</ref> selling more than six billion tubes each year and was the ~~world’s~~ largest plastic tubes manufacturer.{{citation needed\|date=May 2015}} As of 2009, the company had a global market share of 33% in the [[toothpaste tube]] packaging industry.<ref>{{Cite book\|last=Simon\|first=Hermann\|title=[[Hidden Champions]] of the Twenty-First Century\|publisher=[[Springer Science+Business Media\|Springer]]\|year=2009\|isbn=978-0-387-98147-5\|location=[[Bonn, Germany]]\|pages=9\|author-link=Hermann Simon (manager)}}</ref>		In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,<ref name="busstod">{{cite web\|title=The Big Squeeze\|url=http://archives.digitaltoday.in/businesstoday/20020707/features3.html\|work=Business Today\|publisher=Living Media India Ltd.\|access-date=1 September 2013}}</ref> selling more than six billion tubes each year and was the world's largest plastic tubes manufacturer.{{citation needed\|date=May 2015}} As of 2009, the company had a global market share of 33% in the [[toothpaste tube]] packaging industry.<ref>{{Cite book\|last=Simon\|first=Hermann\|title=[[Hidden Champions]] of the Twenty-First Century\|publisher=[[Springer Science+Business Media\|Springer]]\|year=2009\|isbn=978-0-387-98147-5\|location=[[Bonn, Germany]]\|pages=9\|author-link=Hermann Simon (manager)}}</ref>

	==History==		==History==
	The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO [[Cyrus Bagwadia]].<ref>{{cite news\|title=Essel Packaging in merger deal with Propack\|url=http://hindu.com/2000/11/16/stories/06160006.htm\|archive-url=https://archive.today/20140901053442/http://hindu.com/2000/11/16/stories/06160006.htm\|url-status=dead\|archive-date=1 September 2014\|access-date=1 September 2013\|date=16 November 2000\|newspaper=[[The Hindu]]\|agency=UNI}}</ref><ref name=merger>{{cite news\|title=Essel Packaging announces merger with Swiss major\|url=http://expressindia.indianexpress.com/news/fe/daily/20001116/fco16043.html\|access-date=1 September 2013\|newspaper=Indian Express\|date=16 November 2000\|url-status=dead\|archive-url=https://archive.today/20140901053438/http://expressindia.indianexpress.com/news/fe/daily/20001116/fco16043.html\|archive-date=1 September 2014\|df=dmy-all}}</ref>		The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO [[Cyrus Bagwadia]].<ref>{{cite news\|title=Essel Packaging in merger deal with Propack\|url=http://hindu.com/2000/11/16/stories/06160006.htm\|archive-url=https://archive.today/20140901053442/http://hindu.com/2000/11/16/stories/06160006.htm\|url-status=dead\|archive-date=1 September 2014\|access-date=1 September 2013\|date=16 November 2000\|newspaper=[[The Hindu]]\|agency=UNI}}</ref><ref name=merger>{{cite news\|title=Essel Packaging announces merger with Swiss major\|url=http://expressindia.indianexpress.com/news/fe/daily/20001116/fco16043.html\|access-date=1 September 2013\|newspaper=Indian Express\|date=16 November 2000\|url-status=dead\|archive-url=https://archive.today/20140901053438/http://expressindia.indianexpress.com/news/fe/daily/20001116/fco16043.html\|archive-date=1 September 2014\|df=dmy-all}}</ref>

	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.<ref name="A Tale of the Tubes"/><ref>{{cite web\|title=Essel Propack setting up unit in USA, to expand facilities in China, Egypt\|url=http://www.projectstoday.com/News/Essel-Propack-setting-up-unit-in-USA-to-expand-facilities-in-China-Egypt\|publisher=Projects Today\|access-date=1 September 2013\|date=20 April 2002}}</ref><ref>{{cite web\|title=Coming to America\|url=https://www.forbes.com/global/2003/1027/042sidebar.html\|work=Forbes\|access-date=1 September 2013\|author=Deborah Orr\|date=27 October 2003}}</ref> In the same year, the company set up its fourth plant in China.<ref>~~[http~~://www.thehindu.com/~~2002~~/03/~~31/stories~~/~~2002033101411500~~.~~htm "~~EPGL's fourth unit in China~~"]{{dead link~~\|~~date~~=~~April 2021~~\|~~bot~~=~~medic~~}}~~{{cbignore\|bot=medic}}. ''The Hindu'', Mar 31, 2002.~~</ref>		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.<ref name="A Tale of the Tubes"/><ref>{{cite web\|title=Essel Propack setting up unit in USA, to expand facilities in China, Egypt\|url=http://www.projectstoday.com/News/Essel-Propack-setting-up-unit-in-USA-to-expand-facilities-in-China-Egypt\|publisher=Projects Today\|access-date=1 September 2013\|date=20 April 2002}}</ref><ref>{{cite web\|title=Coming to America\|url=https://www.forbes.com/global/2003/1027/042sidebar.html\|work=Forbes\|access-date=1 September 2013\|author=Deborah Orr\|date=27 October 2003}}</ref> In the same year, the company set up its fourth plant in China.<ref>{{cite news \| url=https://www.thehindu.com/todays-paper/tp-business/epgls-fourth-unit-in-china/article27839225.ece \| title=EPGL's fourth unit in China \| newspaper=The Hindu \| date=31 March 2002}}</ref>

	The company was acquired by [[The Blackstone Group]] in 2019 during an assets sale of the debt-ridden [[Essel Group]].<ref name="businessworld.in"/>		The company was acquired by [[The Blackstone Group]] in 2019 during an assets sale of the debt-ridden [[Essel Group]].<ref name="businessworld.in"/> The company was renamed to EPL Limited in October 2020.<ref>{{Cite web\|date=12 October 2020\|others=[[Press Trust of India]]\|title=Essel Propack To Be Renamed As EPL\|url=https://www.bloombergquint.com/markets/essel-propack-to-be-renamed-as-epl\|url-status=live\|access-date=2021-06-28\|website=[[BloombergQuint]]\|language=en}}</ref>

	==References==		==References==
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	[[Category:Multinational companies headquartered in India]]		[[Category:Multinational companies headquartered in India]]
	[[Category:Plastics companies of India]]		[[Category:Plastics companies of India]]
	[[Category:~~Companies~~ based in Mumbai]]		[[Category:Manufacturing companies based in Mumbai]]
	[[Category:Essel Group]]		[[Category:Essel Group]]
	[[Category:Packaging companies of India]]		[[Category:Packaging companies of India]]
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	~~{{en-Wikipedia}}~~

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{{Short description|Indian multinational packaging company}}
{{Use dmy dates|date=September 2013}}
{{Infobox company
| name = Essel Propack
| logo = [[File:Essel Logo.jpg|250px]]
| type = [[Publicly traded company]]
| foundation = [[Mumbai]], [[India]](1982)
| founder = Subhash Chandra
| hq_location = [[Mumbai]], [[India]]
| area_served = Worldwide
| key_people = [[Ashok Goel]] (Chairman)
| industry = Tube Packaging
| revenue = {{profit}} {{INRConvert|2773|c}} (2019)
| num_employees = 2700+ (2014)
| parent = [[The Blackstone Group]]
| homepage = http://www.esselpropack.com
}}
'''Essel Propack''' is a global tube-packaging company owned by [[The Blackstone Group]] headquartered in [[Mumbai]], [[India]].<ref name="businessworld.in">{{Cite web|title=Sudhanshu Vats Appointed CEO And MD At Essel Propack|url=http://businessworld.in/article/Sudhanshu-Vats-Appointed-CEO-And-MD-At-Essel-Propack/15-04-2020-189298|date=15 April 2020|website=[[BW Businessworld]]|language=en}}</ref> It is a [[Luxury and specialty packaging|specialty packaging]] manufacturer of laminated plastic tubes for the FMCG and Pharma space.<ref name="A Tale of the Tubes">{{cite web|title=A Tale of the Tubes|url=http://chiefexecutive.net/a-tale-of-the-tubes|work=Chief Execuitve.net|publisher=Chief Executive Group LLC|access-date=1 September 2013|date=1 October 2003|archive-url=https://web.archive.org/web/20141205011142/http://chiefexecutive.net/a-tale-of-the-tubes|archive-date=5 December 2014|url-status=dead}}</ref><ref name="Jr.2005">{{cite book|author=James Buckley Jr.|title=The Bathroom Companion: A Collection of Facts about the Most-Used Room in the House|url=https://archive.org/details/bathroomcompanio0000buck|url-access=registration|year=2005|publisher=Quirk Books|isbn=978-1-59474-028-2|page=[https://archive.org/details/bathroomcompanio0000buck/page/133 133]}}</ref>

In 2013, Essel Propack employed more than 2,600 people, and operated 24 facilities in 11 countries,<ref name="busstod">{{cite web|title=The Big Squeeze|url=http://archives.digitaltoday.in/businesstoday/20020707/features3.html|work=Business Today|publisher=Living Media India Ltd.|access-date=1 September 2013}}</ref> selling more than six billion tubes each year and was the world’s largest plastic tubes manufacturer.{{citation needed|date=May 2015}} As of 2009, the company had a global market share of 33% in the [[toothpaste tube]] packaging industry.<ref>{{Cite book|last=Simon|first=Hermann|title=[[Hidden Champions]] of the Twenty-First Century|publisher=[[Springer Science+Business Media|Springer]]|year=2009|isbn=978-0-387-98147-5|location=[[Bonn, Germany]]|pages=9|author-link=Hermann Simon (manager)}}</ref>

==History==
The company was formed from the merger of two pre-existing companies, Essel Packaging and Propack AG led by then CEO [[Cyrus Bagwadia]].<ref>{{cite news|title=Essel Packaging in merger deal with Propack|url=http://hindu.com/2000/11/16/stories/06160006.htm|archive-url=https://archive.today/20140901053442/http://hindu.com/2000/11/16/stories/06160006.htm|url-status=dead|archive-date=1 September 2014|access-date=1 September 2013|date=16 November 2000|newspaper=[[The Hindu]]|agency=UNI}}</ref><ref name=merger>{{cite news|title=Essel Packaging announces merger with Swiss major|url=http://expressindia.indianexpress.com/news/fe/daily/20001116/fco16043.html|access-date=1 September 2013|newspaper=Indian Express|date=16 November 2000|url-status=dead|archive-url=https://archive.today/20140901053438/http://expressindia.indianexpress.com/news/fe/daily/20001116/fco16043.html|archive-date=1 September 2014|df=dmy-all}}</ref>

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.<ref name="A Tale of the Tubes"/><ref>{{cite web|title=Essel Propack setting up unit in USA, to expand facilities in China, Egypt|url=http://www.projectstoday.com/News/Essel-Propack-setting-up-unit-in-USA-to-expand-facilities-in-China-Egypt|publisher=Projects Today|access-date=1 September 2013|date=20 April 2002}}</ref><ref>{{cite web|title=Coming to America|url=https://www.forbes.com/global/2003/1027/042sidebar.html|work=Forbes|access-date=1 September 2013|author=Deborah Orr|date=27 October 2003}}</ref> In the same year, the company set up its fourth plant in China.<ref>[http://www.thehindu.com/2002/03/31/stories/2002033101411500.htm "EPGL's fourth unit in China"]{{dead link|date=April 2021|bot=medic}}{{cbignore|bot=medic}}. ''The Hindu'', Mar 31, 2002.</ref>

The company was acquired by [[The Blackstone Group]] in 2019 during an assets sale of the debt-ridden [[Essel Group]].<ref name="businessworld.in"/>

==References==

{{Reflist}}

{{Blackstone Companies}}
{{Essel Group}}
{{Authority control}}

[[Category:Multinational companies headquartered in India]]
[[Category:Plastics companies of India]]
[[Category:Companies based in Mumbai]]
[[Category:Essel Group]]
[[Category:Packaging companies of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:2019 mergers and acquisitions]]
[[Category:1982 establishments in Maharashtra]]
[[Category:Indian companies established in 1982]]

{{India-company-stub}}