Packaging machinery specialist Oystar has announced that it is now able to conduct business without outside financing for the first time since the economic crisis hit.
At Emballage in Paris last week Oystar Erca-Formseal, an operating company of the Oystar group, presented new technology that permits the production of thinner-walled yoghurt pots.
Oystar is planning to double the manufacturing base of its Hassia Packaging subsidiary in India to target the growing processed dairy sector in the country.