FENC buys M&G Polymers PET plant in Apple Grove for $34 million

Far Eastern New Century Corporation (FENC) won the bid for the M&G Polymers USA LLC PET production plant in Apple Grove, West Virginia, for about $34 million. The acquisition includes a research center in Ohio and gives FENC its first resin production plant in the United States.

“FENC is buying the M&G Polymers PET production plant for $34 million, an investment that will give FENC access to one of its major international markets.”industrysourcing.com

• 1 source
• industrysourcing.comFENC buys M&G Polymers plant_ringier industry sourcingFeb 6, 2018

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