Essel Propack

EPL Limited

Company type	Public
Industry	Packaging, Plastics
Predecessor	Essel Propack Limited
Founded	1982 in Maharashtra, India
Headquarters	Mumbai , India
Area served	Worldwide
Key people	Cyrus Bagwadia (former CEO)
Products	Laminated plastic tubes for FMCG and pharmaceutical industries
Owner	The Blackstone Group
Number of employees	2600+ (2013)

EPL Limited (previously known as Essel Propack Limited) operates as an international tube-packaging enterprise, currently under the ownership of The Blackstone Group and based in Mumbai. It focuses on producing laminated plastic tubes primarily serving the FMCG and pharmaceutical industries.

By the year 2013, Essel Propack had a workforce exceeding 2,600 individuals distributed across 24 manufacturing sites in 11 different countries. The company manufactured upwards of six billion tubes annually, securing its status as the largest manufacturer of plastic tubes worldwide. In 2009, it held a substantial 33% share of the global market for toothpaste tube packaging.

History

The company was formed through the combination of Essel Packaging and Propack AG, with leadership from then-CEO Cyrus Bagwadia. In 2002, Essel Propack committed US$15 million to build a 60,000-square-foot production facility in Danville, Virginia, aimed at supplying toothpaste tubes to Procter & Gamble’s market in North America. That same year marked the inauguration of its fourth manufacturing unit in China, enhancing its international presence.

In 2019, during the asset divestiture of the financially troubled Essel Group, The Blackstone Group acquired the company. Subsequently, in October 2020, it was renamed EPL Limited.

Awards and recognition

The Europe division of Essel Propack received the Tube of the Year accolade from the European Tube Manufacturer’s Association in 2013, highlighting its prominence within the sector.