11/02/2010

HOSOKAWA ALPINE Aktiengesellschaft, Blown Film Division

HOSOKAWA ALPINE AG and RAJOO ENGINEERS LTD. CONCLUDE A COLLABORATION AGREEMENT

With effect from 25 October 2010, a collaboration agreement is concluded between HOSOKAWA ALPINE Aktiengesellschaft, Augsburg, Germany, and RAJOO Engineers Ltd., Rajkot, India regarding activities in the blown film sector. Synergies will result from this cooperation in the areas of international marketing, production and procurement as well as in joint product development.

Both companies are long-established manufacturers of film blowing lines. The HOSOKAWA ALPINE lines are used around the world by customers with high quality and performance demands. The RAJOO systems cover the demands in many newly industrialised countries such as India, Africa, Gulf and parts of Latin America and have their main focus on an attractive price-performance ratio for the customers.

In a first step, RAJOO Engineers Ltd. will assume responsibility for marketing and service support for Alpine's film blowing lines in India as well as in Nigeria, Ghana, Kenya, and Tanzania.

Both companies plan to jointly develop a new product line of film blowing systems. It is planned to combine the time-proven machine components of both manufacturers to form new hybrid systems on a higher quality level at a simultaneously attractive price.

In the future, this joint venture will be extended to include co-operation in the areas of service support, development, production, joint procurement and sales & marketing.