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2010 - A Further Year of Growth for BERICAP

For the first time BERICAP Group has surpassed the turnover threshold of 500 mln. EUR in 2010

Date of Publication: 19 April 2011

For the first time BERICAP Group has surpassed the turnover threshold of 500 mln. EUR in 2010 and has closed the year with 545 mln. EUR sales. Continuous efficiency improvements and margin management allowed maintaining net results at a satisfactory level despite the continuous increase of resin prices in 2010.

BERICAP extended its international presence in 2010 by starting a production facility in Singapore. BERICAP Singapore shall be the nucleus to offer BERICAP products and services in Southeast Asia.

BERICAP is confronted in 2011 with the historically steepest increase of resin prices and cost pressures in almost any item. Price increases are unavoidable to safeguard margins.

Despite the disadvantageous cost pressure BERICAP invests in the conversion to light weight closures in all its facilities and in volume expansion mainly in emerging markets.