Paldotechpack Completes Debt Repayment and Achieves 'Debt-Free Management'

Turning Crisis into Opportunity: ‘Paldo Techpack’ Establishes a Platform for a New Leap Forward

Paldo Techpack, a specialized manufacturer of food-related packaging, has once again laid the foundation for a new leap forward.

Through thorough internal management, Paldo Techpack achieved an average annual sales growth of 15% over the past three years. In 2022, the company completed the repayment of all borrowings, realizing debt-free management, which it plans to leverage as a foothold for future investment opportunities and new business activities.

Despite the prolonged global economic recession and uncertainty in economic recovery, Paldo Techpack has been committed to securing competitiveness for sustainable growth through active facility investments and factory expansions aimed at expanding new sales.

This year, additional investments are underway for an injection molding machine and related auxiliary equipment capable of producing various containers, targeting operation in the first half of 2023. The company also completed warehouse expansion to ensure stable inventory, which received completion approval last month.

Even amid rising raw material prices due to high oil prices and shrinking production and consumption activities, Paldo Techpack, as part of its ESG management, developed eco-friendly materials and obtained green technology and green technology product certifications. It established a resource circulation system by producing scrap recycled containers and Label Free cups to lead the eco-friendly packaging market.

Furthermore, alongside the company’s growth, Paldo Techpack is practicing social responsibility under the management philosophy of "Realizing a prosperous society where everyone can pursue their dreams together" through generous investments in human and material resources, hiring local employees, supporting low-income households in marginalized groups, and sponsoring scholarship programs to coexist with the local community.

Paldo Techpack is striving to realize various tangible and intangible values along with corporate sales by leveraging over 30 years of accumulated packaging production technology, enhanced corporate brand value through rigorous quality control, the determination of management, and the efforts of all employees.