AlCircle: Founded in 2018, than Covid pandemic impacted global business. What is your secret to remaining confident of becoming the leading aluminium foil/foil-based comprehensive packaging solutions provider?
LSKB: Aluminium foil being admitted as the gold standard for packaging, especially in the pharmaceutical industry, for its excellent barrier properties offered the most logical solution to some of the needs in the post Covid era.
When the Pandemic hit in March 2020, the food & beverages segment nosedived and simultaneously, the pharmaceutical industry bailed out the aluminium foil industry. Given its excellent barrier properties and being admitted as the gold standard for packaging, the Pharmaceutical Industry lapped up aluminium foils giving it exponential growth. This demand for drugs and medicines and the public's general focus on hygiene continue to push the consumption of aluminium foils.