Klöckner Pentaplast significantly reduces debt
The ownership structure was also reorganised in connection with the conclusion of the proceedings.
Read more "
Klöckner Pentaplast plans to invest in the expansion of its rPET/PET capacity in North America, thereby expanding its offering in the healthcare, pharmaceutical and food packaging markets.
The planned expansion of the supplier of products made from recycled material and barrier packaging includes one extrusion line and two thermoformers with a total capacity of 15,000 tonnes of rPET/PET.
"This investment supports our growth strategy and is the result of our commitment to sustainable innovation. With this expansion, we are responding to our customers' continued demand for sustainable options for food packaging, pharmaceutical products, consumer goods and label films. In collaboration with our customers, we will therefore continue to develop solutions that reduce the need for new raw materials, which is essential for the sustainability goals of our industry in the future." Scott TraceyChief Executive Officer
The extrusion line is designed to optimise the production of recyclable pharmaceutical blister films kpNext and the recyclable Smartcycle labelling and consumer packaging films support. The thermoformers will produce the kp Elite mono-material trays, which are made from up to 100 per cent recycled PET and can be easily recycled.
Klöckner Pentaplast is currently finalising the location for the expansion. It is to be located next to one of the company's six North American plants. The plant will ready for operation in the first quarter of 2024 be.
Source: Klöckner Pentaplast
More news
Decentralised drive technology for flexible intralogistics
In addition to new drive solutions, Nord will also be focusing on the optimisation of existing systems at LogiMAT 2026.
Read more "
EFSA has finalised data call
Among others, food companies, national authorities, research institutes and universities were addressed.
Read more "
Interaction of machine, adhesive and application technology
At LogiMAT, Robatech and its partners Opitz Packaging Systems and H.B. Fuller Germany will be demonstrating the interaction between machine, adhesive and application technology.
Read more "
SVI publishes guideline
The document is intended to support companies along the packaging value chain.
Read more "
Vilsa bottle combines the advantages of glass and PET
Vilsa relies on freshness protection technology for all non-returnable PET bottles, in which a wafer-thin barrier layer of glass inside the bottles ensures greater product protection.
Read more "