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(polyestertime) -- APPE, the packaging division of La
Seda de Barcelona, has created a new company in Poland to serve the eastern
European markets.
The company has invested EUR15m in APPE Polska, which
will manufacture preforms and bottles using technologies such as Heat Set and
DeepGrip. "We believe that Poland has excellent development potential that
ideally matches our own substantial long-term expansion plans," managing
director, Martin Hargreaves said in a statement.
"This is part of our
continuing strategy to move our business forward." APPE says the subsidiary,
which is scheduled to open later this year, has already secured two major new
contracts with leading companies. |
