ALPLA Group announced that it has expanded its presence in North Africa by entering the Moroccan market, said the company.
The company also announced that it has purchased a majority share in Atlantic Packaging and founded the joint venture (JV) ALPLA Morroco with previous owner Diana Holding.
The move will allow the company to offer its expertise and experience to the production on PET preforms for the regional markets in Maghreb and Western Africa. The JV was signed by the contracting parties in Aug 2023 and has been approved by local antitrust authorities. Terms and conditions of the deal were not disclosed.
We remind, ALPLA is focusing on the circular economy: the global packaging specialist invests more than 50 million euros annually in recycling and uses state-of-the-art technologies to produce recycled material. With an installed and projected output capacity of 350,000 tonnes per year, the company is one of the world’s leading plastics recyclers. Analyses performed by the life cycle assessment specialist c7-consult now confirm efficient production at a total of four additional sites in Mexico and Germany. There, ALPLArecycling produces rPET and rHDPE, which produces up to 87 per cent fewer carbon emissions than virgin materials.
mrchub.com