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Polyplex Thailand (PTL) announced plans to expand its existing operations in Decatur, Alabama, USA, by adding a second BOPET film line with 50 KTPA capacity and debottlenecking the resin plant to increase capacity from 58 to 86 KTPA. Investment commitment is USD 103 million, with construction starting in H1 2021 and production expected in about 24 months.
“This expansion would help tap into the growing shift towards local supply in regional markets and to pull market share away from imports.”ptl.listedcompany.com
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