Visy Industries

Industry:

Pulp & Paper, Plastic, Packaging & Containers

Description

Visy is owned by the Pratt family and was established in Melbourne, Australia in 1948. It has grown to become the world's largest privately owned packaging and recycling company.

Visy employs more than 8,000 people in Australia, New Zealand, and the USA. Total manufacturing revenues exceed $2.8 billion and total manufacturing assets exceed $3 billion.

During its first 30 years of operations Visy's activities concentrated on the manufacture of corrugated cardboard boxes. In 1979 the company made a decision to begin supplying its own packaging paper needs and built its first paper recycling mill. The Visy group now operates eight paper recycling machines - six in Australia and two in the USA. Together these machines produce more than 1.2 million tonnes of 100% recycled packaging paper annually.

In addition, Visy has constructed a $400 million, plantation pine based, unbleached kraft pulp and paper mill at Tumut in New South Wales, Australia. The project produces 280,000 tonnes of unbleached brown packaging paper and is an investment in Visy's continued ability to recycle well into the 21st century.

In February 2001, Visy acquired Southcorp Packaging, adding new products such as PET bottles and jars, aluminium and tinplate cans, paperboard cartons and rigid plastic packaging to its core corrugated packaging business. The acquisition effectively doubled the size of Visy's packaging operations in Australasia.

Visy now operates more than 100 packaging factories and recycling sites across Australia, New Zealand and in the South East and Mid West of the United States.

Visy is committed to recycling and the environment. The company was voted Australia's leading company for environmental performance in the Sydney Morning Herald and Age newspapers' annual corporate reputation index for four consecutive years.

Visy's philanthropic arm, the Pratt Foundation is one of the largest sources of private philanthropy in Australia, donating in excess of $10 million a year to a broad range of charities in Australia and overseas.

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News Archive

CC Amatil may make its own bottles. Australasian Business Intelligence; 7/29/2009 ...own plastic bottles after selling its operations to Visy Industries seven years ago. Technology and material prices have...CONFECTIONERY LIMITED COTT CORPORATION PEPSICO INCORPORATED VISY INDUSTRIES AUSTRALIA PTY LTD CITIGROUP Copyright 2009 LexisNexis... ...more

Cadbury claim in a class of its own. Australasian Business Intelligence; 6/21/2009 ...its own legal action against packaging companies, Visy Industries and Amcor. It decided not to join a class action...CADBURY AUSTRALIA LIMITED AMCOR LIMITED - ASX AMC VISY INDUSTRIES AUSTRALIA PTY LTD MALLESONS STEPHEN JAQUES MAURICE... ...more

Cadbury setback in cartel claim. Australasian Business Intelligence; 6/11/2009 ...The Sydney Morning Herald - ABIX via COMTEX) -- Visy Industries and Amcor are fighting two lawsuits over price fixing...cardboard box cartel. Publication Date: 12 June 2009 VISY INDUSTRIES AUSTRALIA PTY LTD AMCOR LIMITED - ASX AMC CADBURY... ...more