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Rotomolder Solar Plastics expands into Mexico

September 22/2021

MOSCOW (MRC) -- U.S.-based rotational molder Solar Plastics LLC has announced plans to expand into Mexico, said Canplastics.

The company, which is headquartered in Delano, Minnesota, is building a new manufacturing plant in Monterrey, Nuevo Leon, Mexico. The plant is currently under construction, Solar Plastics officials said in a Sept. 13 news release, and the firm expects to take occupancy of the building in the fourth quarter of this year.

The release said that recent significant growth and existing customer volume commitments are forecasted to push the companys current facilities in Delano and in Davenport, Iowa beyond capacity limits. Trends in labour availability was a major factor into the decision to look at additional manufacturing capacity outside of its current footprint, the release also said.

"We are experiencing increased domestic demands across all of our business sectors, Solar Plastics president Sam Rosen said. When you add in our customers re-shoring efforts, it made the additional investment opportunity very attractive."

The facility will start with 55,000 square feet, which can be increased to over 300,000 square feet. Production is scheduled to begin in the first half of 2022. Solar Plastics is a contract manufacturer, and is part of the ATEK Companies.

As MRC informed earlier, Amcor Rigid Plastics, part of Australia-based global packaging supplier Amcor, has announced that it will invest USD40 million in a major expansion of its Bellevue, Ohio manufacturing facility.

According to MRC's ScanPlast report, Russia's estimated PET consumption totalled 411,200 tonnes in the first six month of 2021, up by 12% year on year. Russian companies processed 62,910 tonnes in June, compared to 85,890 tonnes a month earlier.


mrcplast.com
Author:Anna Larionova
Tags:PET-granulate, injection moulding, other extrusion, PET bottles, PET preforms, AMCOR, Canada, Russia.
Category:General News
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