OPP Films opens manufacturing plant in El Salvador

Salvadoran President Salvador Sánchez Cerén oversaw opening ceremonies for OPP Film’s manufacturing plant for film and coasted plastic for packaging on 12 December 2016 (El Mundo). OPP Film, a subsidiary of Oben Holding Group based out of Peru, began building the factory in October 2014 (La Prensa Grafica). According to La Prensa Grafica, the manufacturing plant represents a US$54 million investment. Organismo Promotor de Exportaciones e Inversiones de El Salvador (PROESA) cited geographic location in relation to main markets and a dollarized economy as top reasons for OPP Film’s choice to build the plant in El Salvador (La Prensa Grafica).