Faller Packaging registers successful year
Faller Packaging has registered a successful fiscal year in 2021, despite Covid-19 and the problematic situation on the raw materials market.
The Covid-19 pandemic and challenges in the economic environment were the dominant topics for Faller Packaging last year. Steeply increasing demands worldwide led to supply shortages and hefty price increases for raw materials. However, the pharmaceutical packaging specialist saw the difficult situation as an opportunity and succeeded in increasing its sales in 2021.
‘Against all the odds, the pharmaceutical and healthcare market continues to develop with solid growth rates,’ commented Dr Daniel Keesman, CEO of Faller Packaging. ‘As in previous years, the global demand for biopharmaceuticals – both original preparations and biosimilars – continued to grow in 2021. The trend towards sustainable packaging solutions also became more pronounced.’
The manufacturer of secondary packaging for the pharmaceutical and healthcare industries responded by creating flexible and sustainable packaging concepts made of paper and cardboard from responsibly managed forests, developing simpler packaging from monomaterials, and consistently implementing the recyclability of folding cartons, labels, and leaflets.
Faller Packaging also plans to become carbon-neutral by 2030 and joined the Zielgerade 2030 initiative (Home Straight 2030) in 2021. The innovative strategy, consistently geared to environmental protection, paid off: in 2021, Faller Packaging again succeeded in increasing its total turnover by approximately 3.3 percent to EUR 147.8 million.
‘Sales at our German sites increased slightly,’ said Dr Daniel Keesman, managing director of Faller Packaging. ‘Our international subsidiaries in Denmark, Poland and Hungary have also reported strong sales growth in several areas.’
‘We’re also delighted with our PackEx subsidiary that was launched in 2019. It specializes in efficient folding carton production in small and very small batches,’ added Dr Michael Faller, managing partner of Faller Packaging.
The company has also invested heavily in developing its sites. A total of EUR 7.8 million – the equivalent of an investment ratio of 5.3 percent – was mainly invested in expanding qualitative and quantitative capacities, above all in automation and digitalization. The company plans to invest a further EUR 8.6 million in 2022.
The largest ongoing project is the new building at the company headquarters in Waldkirch in southern Baden, Germany. During the summer months of 2021, Faller Packaging focused on the concerns and needs of the Waldkirch population and consequently put a lot of thought into the preliminary planning of the new building.
‘In January 2022, the preliminary planning draft was approved by the Waldkirch municipal council with only two votes against,’ added Dr Faller. ‘In the summer, the development plan process goes into the next round, so hopefully, we can start construction in 2024.’
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