# Iterum opens PET bottle processing plant in Olaine, Latvia

Iterum (formerly PET Baltija) opened a new PET bottle processing plant in Olaine, Latvia, with a capacity of 80,000 tons per year. The company invested over €10 million in the new factory, with total investments exceeding €35 million.

- Type: New facility
- Announced: 2024-10-23
- Where: Olaine, Latvia
- Value: $10.8M (10.0M EUR)
- Starts operating: 23 Oct 2024
- Status: completed
- Capacity: 80,000 tons per year
- Products: PET bottle processing
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Iterum](https://endata.com/companies/80614.md)
- [Eco Baltia](https://endata.com/companies/73873.md) (investor)

## Sources

- [iterum.lv](https://iterum.lv/en/news/one-of-the-largest-pet-bottle-processing-plants-in-northern-europe-has-been-opened-in-latvia/), 2024-10-23: "One of the largest PET bottle processing plants in Northern Europe has been opened in Latvia"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.