Last night, at the Malta International Business Awards ceremony, held at the Radisson Blu, St Julians, the Toly Group won the prestigious award as Exporter Of The Year in the Large Business Category.
In addition Toly was also awarded the Overall winner across all categories including innovation and the potential for continued growth.
In his acceptance speech, Andy Gatesy Chairman and CEO thanked the Toly family around the world who continue to make Toly a great company. The winning of this award is a great achievement for Toly which started operations in Malta in 1971 and has continuously evolved over the years.
2017 is proving to be the most successful year in the history of the company. At the end of October, Group sales were almost 30% up on 2016 and the group is focused upon achieving its next milestone of €100 million in sales in 2018.
In 2014, Toly opened its new corporate offices in Malta with an integrated innovation centre. In the words of Andy Gatesy, Chairman & CEO:
"This innovation centre has changed our business. We used to have on average one customer visit every month to Malta but now we often have separate 3 customers visiting each week. Customers are partnering with Toly on innovation and participating in design and innovation workshops to create new packaging aligned with the changing trends."
2017 is also a year in which the Toly Group are investing heavily in new manufacturing capabilities.
After 46 years of operations in Malta, Toly are building a brand new 12,000 sqm plant in Bulebel. This new facility will be environmentally friendly and will provide Toly with a 50% increase in manufacturing capacity. On a footprint of 5,400 sqm, this plant will also include a strong investment in new equipment in terms of moulding, metallising, printing and assembly.The building should be completed in early 2018 and on concluding the mechanical and electrical and finishing works, first production should commence in April 2018. Full migration will then take place in the following months.
As well as the historical products which include compacts and perfume caps, Toly is also diversifying its portfolio to include lipgloss and skincare packaging. This investment underlines Toly's commitment to Malta and the group is confident to continue its expansion plans, driven by its strong core values which include; PEOPLE, PASSION, PRIDE and CREATIVITY
At the same time, Toly are building a brand new 8,000 sqm new factory in South Korea to be able to expand their product offering as well as focus on the fast growing Korean domestic brands.
The new factory in Korea will be opening before the end of 2017 and will be fully integrated with moulding, decoration, assembly and metallisation.
Korea has become one of the most dynamic and creative markets in the beauty world and Toly are well positioned to take advantage of this and offer new packaging concepts to its customer base.
In addition to these exciting new investments, Toly are also investigating the possibility to offer US manufacturing to its customers in 2018 as well as a new mass market skincare plant in China. Toly also signed an agreement in 2017 to partner with Simex, a leading supplier in Colombia, to be able to offer innovative packaging solutions to the local market.
Looking forward, Toly are disrupting the traditional beauty packaging industry with their 360 degree view of the market and believe that the future is not an upgrade of the present but instead an opportunity to think in a completely different way.
Toly donates €10,000 to support breast cancer awareness
October is the month dedicated to raising awareness about Breast Cancer, a month more commonly referred to as Pink October. This year, Toly launched a Limited Edition Blush Compact. This blush compact, launched at Luxepack Monaco, was presented in four variants – Rouge, Nude, Nocciola and Rose to support research and victims of this disease.
Toly Group shows strong growth
2015 was a strong year for the Toly Group, with growth of nearly 22% when compared to 2014. The Group achieved sales of €66.6 million. All divisions showed good growth and with a clear strategy, Toly is starting to unlock its potential to achieve its ambitious growth plans.
T15 Airless Jars designed by Toly Korea
Toly Products Ltd has released a brand new product onto the market. Ideal for creams with active ingredients, the T15 Airless Jar maintains the freshness of the product, keeping the ingredients at their highest concentration by ensuring zero exposure to air. Unlike traditional jars, the T15 prevents finger contamination and is leak-proof, thereby extending the shelf-life of the product and making it more portable to ship and travel with.
Toly launches a range of Cushion Compacts
Following the strong trend in Korea, Toly is presenting a full range of Cushion Compacts. This clever concept has a product filled sponge sitting on the base of a compact. As an alternative, Toly has also developed a net cushion version whereby a synthetic net sits above the product for a smooth application. Toly has a range of different sizes namely 10, 15 and 20 grams and several different shapes to suit all customer needs.
Toly invests in a new metallizing chamber
To further cement its position as a leader in surface decoration technology, Toly has made a significant investment in a state-of-the-art metallizing chamber at its Malta factory. This new piece of equipment has a dedicated lacquering line associated with it in order to maintain the high output rate and exceptional quality. Toly's highly automated factory now has the capability of metallizing between 60,000 and 80,000 units per day at very competitive prices.
Toly launches the Air Cushion Compact
Following the strong trend in Korea, Toly presents a full range of Air-Cushion Compacts. This clever concept has a product filled sponge sitting on the base of a compact. The hinged flapper provides an airtight seal and the whole unit can be removed to make it refillable. With an integrated mirror and applicator the Air-Cushion Compact is perfect to apply liquid foundation on the go.
Toly presents Scotta: A compact for baked powders
Scotta is an elegantly designed domed compact that fits comfortably in one hand which has been designed by Toly. It is a 3 piece compact with a mirror on the underside of the lid available in two versions making it a perfect option for eyeshadow with an applicator and also for blusher.
Toly officially opens its brand new corporate offices and innovation centre
On 19th January, 2015 the Prime Minister of Malta, in the presence of many distinguished guests, officially opened Toly's brand new corporate offices with integrated innovation centre. Over the past 5 years all of Toly's corporate functions have been moved to Malta including; marketing, design, innovation, group finance, logistics and information technology.
Toly's new decoration by Luciano Micallef
Toly has collaborated with Luciano Micallef, Malta's most famous modern artist, to further extend the decorative capabilities on stock compacts. Using base labels, peripheral printing as well as a full lid print, these beautiful decorations originate from Luciano's actual paintings.
Toly strikes partnership with Coradin for the creation of premium, eco-friendly dispensing packaging
Toly, a world leading supplier of packaging solutions for the cosmetics, fragrance, skincare and other market niches, has just struck a partnership with Coradin for the creation of premium, eco-friendly dispensing packaging. The Toly Group has its own manufacturing plants in Malta, China and South Korea, as well as a number of exciting trading relationships and is known for the company’s high quality, technical excellence, strong focus upon innovation and network of sales/trading offices across the globe.
Toly launches a new standard compact line: Miami
With its ongoing commitment to introducing attractive, trendy compacts, a new standard compact line has been launched by Toly. Miami is a three piece soft square compact line with an exposed platform and domed lid which offers many decorative possibilities. This line is being developed in three sizes: face powder, blusher and eye-shadow.
Toly launches Gemini
Toly are launching a new cost-effective and attractive decoration on our stock Gemini compact. An artistic effect is created at the bottom of each compact. This decorative technique gives multiple colours in a repeatable manner. The cost is lower than a transfer with minimal origination costs and reasonable MOQ's. On-shelf differentiation is guaranteed through a variety of designs made possible through this new decoration technique.
- Mike Webber
- Company News
- Created 13 NOV 2017
- Modified 13 NOV 2017
- Hits 327