IN PACKAGING PROGRESS

ISSUE 6

ArgonewsDECEMBER 2012

| IN Packaging Progress

• Reducedenergyconsumptionbrings

sustainabilityawardtoArgo

• Dosingcupfittingwith28PPcap

• 2lcontainerwithDIN45cap

• PackagingforCropProtectionproducts–In

houseevent

• HealthfromNatureinArgoRom’spilljars

• New150mlMjar

• SleevedSpoon

• Argo’sPETbottlesbringMythostothemarket

• NewPET250ml/28PPbottles

• ArgoEgyptstartscollaborationwithDanone

Egypt

• Bottle200mlwiththread24/410

• ArgosupportstheFireStationatKoropi

• AKTOstudentsvisitedArgo

• CPhIWorldwide2012,Madrid

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CONTENTS

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www.argo-sa.gr | ARGO December 2012 | 03

ArgonewsBest use energy is a permanent effort for Argo. There is an open project, results are reviewed periodically and new targets are considered.The results of this effort at Koropi plant are depicted in the following diagram.

The installation of an innovative system for heating and cooling areas of the plant had significant contribution to this. The system is using thermal energy recovered as a byproduct of the process of producing compressed air for the needs of the factory. The heat is recovered by cooling the oil of an a compressor that supplies the air network of the factory with compressed air in a rate of 20m³/min.During the winter the recovered heat, in the form of hot water is used for the heating and as a result there is no consumption of conventional fuel in the burner-boiler, as used in the past.During the summer the hot water is introduced in an absorption chiller and cold

water is produced, and used in the existing air-condition network. As a result no electric power is consumed as it used to in the conventional chillers.For this project Argo was awarded by the Greek Association of Environment Protection companies (PASEPPE). PASEPPE organized a successful ceremony on December 3rd, Argo was awarded in the category of sustainable process, but the jury considered not only the environmental benefits of the project ,but also both social and economic aspects of sustainability (e.g the company’s social practices and economic performance)The Award was received by Mrs.Demy Mitrogiannopoulou , President, who dedicated the award to Argo’s personnel and especially to Mr.Thanassis Papadopoulos, Maintenance manager who coordinated the project.

REDuCEDENERgyCONSuMPTIONBRINgSSuSTAINABIlITyAWARDTOARgO

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DOSINgCuPFITTINgwith28PPcapThe standard Argo 50ml dosing cup 50ml was recently re-launched in order to fit with our standard 28PP closure.The dosing cup is made of polypropylene and has the following volume level engravings: 5ml,10ml, 15ml, 20ml, 25ml, 30ml,35ml, 40ml, 45ml and 50ml.

2lCONTAINERwithDIN45capOne more rectangular container with nominal capacity 2l ! It is made of HDPE and it is combined with our DIN 45 tamper evident closure. In case of opaque coloring it can have view stripe for easy content volume visibility. Color customization is certainly possible.

www.argo-sa.gr | ARGO December 2012 | 05

An open house event was organized by Argo, Greece, at Koropi plant on November 5th and 9th. The subject of the event was the packaging for Crop Protection products.Argo has long experience in this field with over than 30 years relative activity, being one of the first companies in Europe in 80’s offering special multilayer containers for aggressive content.The whole day program included tour in the plant and presentations related with several issues on specific packaging needs of this sector: • Argo’s standard available models • Quality Assurance• UN certification• Anti-counterfeiting choices• New trends and proposals for new developments

Presentations were given by Sales, Marketing, Quality Assurance and R&D staff of the company.Apart of customers active in this sector, representatives of Ministry of Agriculture and Institutions participated as well. The event was interactive as one of main targets was the company to exchange information with participants and understand better the future packaging needs of the market.

PackagingforCropProtectionproductsOpenhouseevent

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HEAlTHFROMNATuREinArgoRom’spilljars

SlEEvEDSPOON

NEW150MlMjAR

Cosmo Pharm company, located in Bucharest, Romania was established in 1994.It as a Romanian – USA joint venture and act as a provider of food supplements and healthy

nutrition. Company’s portfolio includes natural products of high quality and high purity, with complex formula ideal for covering the daily needs in nutrients and energy.Recently Cosmo Pharm re-launched its supplement range with Argo Rom’s Shiny PE –M pill jars.The jars are made of HDPE and have a shiny

surface finish. They are fitting with standard M43 snap-on, tear off band closures.

Hygiene requirements in the food industry have significantly increased during the last decade.This certainly has influenced the hygiene requirements for food packaging as well.In this direction, it is a new service we offer. Spoons, which are usually accompanying food containers for easy product serving, could be also offered sleeved for extra cleanliness.

Our M jar range was extended with a new size. It is a 150ml jar made of HDPE. The new jar fits with M43 closure, a snap on, tear off band and flip top one.

www.argo-sa.gr | ARGO December 2012 | 07

ARgO’SPETBOTTlESbringMythostothemarket

NEWPET250Ml/28PPBOTTlES

Flax company located in Athens, Greece, has been developing and creating natural cosmetics since 1966. Flax combined tradition with scientific research producing natural cosmetics by using olive tree ingredients and a variety of others found in Greece and Mediterranean. The company has recently launched the new sun care Mythos family including three sun care products SPF 6,15, 25 dry oil for protection of body and hair with UV filters and two moisturizing products for after sun care as well.In parallel, Massage oils with Mythos brand (Anti-stress & Firming) and Clean Skin brand (Slimming –Firming) were re-launched.All these new products are hold in 200ml bottles, newly developed by Argo. The elegant and handy style of the bottle, enhance the appearance of products. The bottles are offered with white and amber brown color and are combined with spray pumps for excellent application of oil on the skin. They are made of PET polymer which was chosen not only for appearance reasons but because is well preserving the content as well.

Our pharma PET 28PP bottle family has two new members: the classic pharma model with body diameter 62mm and a taller one with body diameter 53mm. Both models have standard 28PP thread and fit with relative closures 28PP tamper evident or child resistant closures. Dosing cups and spoons can also proposed to offer a complete packing solution for syrups, mouth rinse or other liquid products. They also comply with European and US Pharmacopoeias.

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It is round in shape and 200ml in nominal capacity. The new standard bottle is made of HDPE and could be combined with flip top closures, conventional screw-on and several pumps proper for thread 24/410.

BOTTlE200Ml24/410

Argo Egypt has been on a steady growth path since operation start-up. In this vein, new investments are increasing production capacity and new collaboration agreements with local or multinational market leaders are signed. Recently Argo Egypt and Danone Egypt agreed to cooperate in two new products. Danone audited our premises in El Obour industrial state and was convinced about the effectiveness of the quality system, the procedures in place and the professionalism of the staff. For this project, Argo Egypt will invest in a brand new production line with high productivity and full automatic testing and packaging process.

ArgoEgyptstartscollaborationWITHDANONEEgyPT

www.argo-sa.gr | ARGO December 2012 | 09

Summer is always a hard period for Fire Brigade due to increased risk of fire. The firefighters are working in extremely difficult conditions all day and overnight. To support the local Koropi station with hardware and consumables which make their work easier and safer was considered by Argo as small social obligation. The chief of fire station Mr.Athanasios Tzoitis visited Argo and thanked our CEO Mr. George Stassinopoulos giving him a plaque and his book. Mr.Tzoitis is the author of an interesting educational book for children under the title “The country with green fire trucks”.We also like to thank them for all their efforts!

ArgosupportsTHEFIRESTATIONATKOROPI

AKTOSTuDENTSvISITEDARgOΑΚΤΟ is a leading Art and Design Institution in Greece collaborating with Middlesex University. End of November a team of students at the 2nd year of the Industrial Design, with their Professor Mrs.Christina Skouloudi, visited Argo, Koropi. The visit took place in the frame of two projects the students are currently running. These projects refer to the development of face cream packaging for adults and shampoo / bath foaming for kids.The students discussed about packaging development with Mr.John Alexiou, R&D manager at Argo and had a tour in the plant.

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The 23rd edition of CPhI Worldwide 2012 and co-located events ICSE, P-MEC and InnoPack attracted about 30,000 visitors from the global pharmaceutical community.

CPhIWorldwide2012,Madrid(9-11October2012)

This time it was held in Feria de Madrid on October 9-11th.The fair is indeed “one stop buys” for the Pharmaceutical Industry representing all aspects of ingredients market, providing an international stage for contract manufacturing, showing the latest machinery, technology and lab equipment and through Innopack the latest pharma packaging materials. Several Speakers’ corners gave opportunities for training and information exchange on various issues.

Among most important trends in the Pharmaceutical industry we could discern the following: Slower market growth and as result an increased interest in emerging markets, generics increase, OTC development, shift to therapies ,more stringent regulatory requirements, development of preservative free medicines, lack of innovative molecules, cost control from payers and patient compliance.

www.argo-sa.gr | ARGO December 2012 | 11

Even though InnoPack is the second time organized under the CPhI flag, is quite fast extended attracting pharma professionals’ interest. Tracing the trends in the Pharmaceutical sector, Packaging industry is trying to fulfill the new requirements : adding innovation without adding cost , providing affordable, scalable and sustainable solutions, taking care for convenience, portability, shelf appearance , patient compliance and friendliness, accessible dosing to use all the product in proper way. New biologic molecules demand for special protection and Anti-Counterfeiting remains an important issue. Just to mention that counterfeiting in global pharma market is about $500bn and causes almost 700.000deaths/year.

In developed countries like the Europeans we should consider the aging population with chronic deceases, the growing demand for self administration as a result of cost savings, the need for more safety features and ease to use. In addition the injectable generics are growing and new injectable drugs appear (biotech drugs), so delivery differentiation through packaging is even there important. RFID is still expensive for retail, but finds already applications in cold chain and bulk packaging.Extension of drug shelf life is also another challenge for packaging suppliers. Several solutions like active or multilayer packaging are finding more and more applications.Mrs Dora Vakirtzi, Business Development & Marketing Manager, visited the fair, as ARGO usually try to gather the latest info and offer its customers the proper products and services.

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packaging solutions for successful products

ARGO S.A. 1st km Koropiou - Varis str., P.0.BOX

87, 19400 Koropi, Greece

Tel. +30 210 6625501,

+ 30 210 6626691-5,

Fax: + 30 210 6625500,

e-mail: sales@argo-sa.gr

ARGO ROM PLASTICS S.A 211 - 249 Drumul Dealul

Bradului str., Sect. 4 Bucharest,

Romania,

Tel. +40 215 393262 - 7,

Fax: + 40 215 393264,

e-mail: argorom@argorom.com

ARGO EGYPT PLASTICS S.A.E.Plot 10, Block 13002,

1st Industrial Zone El Obour City,

El Obour, Cairo, Egypt

Tel. 002 02 46101761-3,

Fax: 002 02 46101769,

e-mail: argoegypt@argo-sa.gr

www.argo-sa.gr