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BRITISH POLYTHENE INDUSTRIES

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Company details
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Name: BRITISH POLYTHENE INDUSTRIES
Ticker: BPI
Sector: Containers & Packaging
Index: 3%
Date joined: 19-Mar-12
EO %: 3.2
Accounts: Dec-12
Revenue (£m): 478.7
Employees: 2380
Website: www.bpipoly.com
Ownership Attributes
Employees - individually %:
Employees - through a trust %: 3.2%
Directors %: 4.4%
External shareholders %:
SAYE (Yes/No): Yes
SIP (Yes/No):
CSOP (Yes/No): Yes
EMI (Yes/No):

Company description

British Polythene Industries PLC is a producer of polythene film in Europe. The Company is a global supplier of agricultural films, packaging for food and other goods, and recycler of polythene film. The Company operates in three geographic regions; the United Kingdom, Ireland, Mainland Europe and North America. The Company operates in three segments: Films, which includes plain film on the reel products, Converted includes printed and/or converted products, and Recycled includes products manufactured from recycled polythene scrap. The European business comprises two manufacturing sites in Belgium, one manufacturing site in the Netherlands and a sales operation in France. United Kingdom and Ireland business consists of 13 United Kingdom manufacturing sites and three sales/service offices in the United Kingdom and Ireland. North American business consists of AT Films Inc. based at Edmonton, Alberta in Canada.

Employee ownership description

The company operates an SAYE, share matching plan and CSOP. In all three schemes, employees other than directors are the main beneficiaries. An employee trust owns 4.0% of the company and was established to deliver share based payments, most of which will accrue to non-director employees.

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