|
(plasteurope) -- A EUR 40m capital increase is supposed
to complete PET producer La Seda de Barcelona’s financial restructuring and
simultaneously shift the company’s focus to a completely integrated PET
packaging production chain. The latest financial injection is to go towards
raising the activities of processing subsidiary Artenius PET Packaging Europe.
LSB is also mulling the installation of a new PET line.
Against this
bacjdrop, it comes as no surprise that APPE has announced the construction of a
new plant in Katowice / Poland. The EUR 15m facility, which will turn out the
entire APPE portfolio, including preforms and bottles, is due to be completed by
the end of 2012 and will predominantly cater to the north and east European
markets with a special focus on Russia and Ukraine.
APPE is also
planning to build a new facility in Italy – an important European PET market
where it does not yet have a production unit. The former Schmalbach-Lubeca
business currently operates production plants in the UK, Germany, France,
Belgium, Morocco, Turkey and Greece. In the future, APPE plans to focus
increasingly on delivering innovative solutions and "through the wall"
services. |
