Neo Group to expand PET production in Klaipeda FEZ with €50M investment

Neo Group, a member of Retal Group, is expanding its PET production facility in Klaipeda FEZ, Lithuania, with a €50 million investment. The expansion will increase annual capacity from 328,000 to 500,000 tons, making it the largest PET production facility in the EU.

“Beating Belgium, Poland, England and Australia, Neo Group’s PET production facility in Klaipeda FEZ has been chosen as the location for expansion of a new 50 million Euro production project.”fez.lt

• 1 source
• fez.ltEuropean pet industry leader chooses Klaipeda FEZ for 50 million EUR project - Klaipėdos Laisvoji Ekonominė Zona | Klaipėdos LEZ | FEZ.LTAgnė SelemonaitėMay 17, 2018

Summarized from public sources; check the original articles before acting on it.