Rexam invests in Mexico

Rexam has bought out its partner Pavisa Industries in a 50:50 plastic packaging joint venture in Mexico. The plant, at Tlalnepantla in Mexico City, is an injection moulding and extrusion blow moulding producer of containers and closures for a range of markets, including pharmaceutical, diagnostic, healthcare, cosmetic and personal care. Graham Chipchase, group director at Rexam Plastic Packaging, said that despite tough global economic conditions, the company remains focused on investing in growth markets. Rexam will use the plant to exploit growth for plastic packaging across the healthcare, closures and personal care industries in the Mexico and Latin American markets.