Plastopil Hazorea Co. Ltd.

Plastopil Hazorea Co. Ltd.

TTASE:PPIL
465.00
ILA
+5.00
(+1.09%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Nery Nehoray
Full Time Employees
406
Sector
Process industries
Industry
Containers/Packaging
Address
D.N. Ha'amakim Hazorea Israel 3658100
IPO Date
Apr 21, 2005
Business
Plastopil Hazorea Company Ltd (TASE: PPIL) develops, manufactures and markets flexible barrier films and packaging solutions primarily for chilled and frozen food products including meat, poultry, seafood, dairy, cheese, fresh produce and prepared foods; its core offerings encompass co-extruded blown films, lidding films such as the Topaz range with reclosable and antifog features, multi-layer vacuum and modified atmosphere packaging (MAP) pouches under the Plastobarr and Taribo brands, thermoforming films for tray-seal and form-fill-seal applications, gravure and flexo printing, adhesive lamination, pouch making, slitting and slicing services. The company operates manufacturing facilities in Israel at Kibbutz Hazorea and in the Netherlands through its subsidiary Plastopil BV, with sales offices and distribution centers in North America via Plastopil Inc., and an international network serving more than 20 countries across Europe, the United States, Canada, Latin America, Australia, New Zealand and select other regions. Founded in 1960 on Kibbutz Hazorea in northern Israel near Nazareth and publicly listed since 2005, Plastopil employs approximately 278 to 401 personnel and generates revenue primarily from food industry packaging supplemented by flexible packaging for industrial applications. In recent developments, the company entered into an agreement in October 2025 to acquire operations in manufacturing and selling flexible plastic packaging sheets from Plastnir Group Ltd for ILS 20.3 million, involving issuance of 2.65 million common shares; it concurrently advanced the acquisition of Forem Packaging Inc by Plastopil Inc as part of its global expansion strategy; additionally, Plastopil launched ready-to-recycle mono-material flexible packaging solutions using PP, PET and PE for high-barrier applications to comply with stringent recycling regulations, and expanded its Topaz lidding films with reclosable antifog variants for enhanced product presentation.