Belgian bottle maker Resilux plans to expand its Bucharest PET preforms factory by about 30% under a EUR 3 million investment, including a new rPET pellets production line, according to sources cited by Profit.ro.
ALPLA, Ecohelp SRL and United Polymer Trading opened a joint PET recycling plant in Targu Mures, Romania, with about 18,000 tonnes annual capacity of food-grade rPET, after an investment of about EUR 7.5 million.
Alpla, Ecohelp and United Polymer Trading (UPT) formed a joint venture, PET Recycling Team Targu Mures, investing a combined EUR 7.5 million in a plant in Targu Mures, Romania. Production is scheduled to start around mid-2022.
ALPLA, Ecohelp SRL and United Polymer Trading form a joint venture to build a PET recycling plant in Targu Mures, Romania, producing 15,000 tonnes of food-grade rPET per year for about €7.5 million, creating 15 jobs.
ALPLA, Ecohelp SRL and United Polymer Trading AG are each investing equally in a joint venture to install an extrusion line recycling post-consumer PET bottles in Targu Mures, Romania, aiming for 15,000 tonnes of rPET per year. The total investment is about EUR 7.5 million and will create 15 jobs.
Bemis agreed to acquire the subsidiaries Evadix Labels and Evadix MPI from Belgium-based Evadix for 3.3 million euros, including about 0.84 million euros of debt repayments. Both businesses are based in Romania and make polyethylene films and flexible packaging.
Austrian packaging manufacturer ALPLA agreed to acquire a 100% stake in Star East Pet SRL, a PET preform producer based in Brasov, Romania. Completion is expected in mid-2017, subject to antitrust approval; financial terms were not disclosed.
Austrian plastic packaging group ALPLA has acquired Star East Pet, a Brasov, Romania producer of PET preforms, in a deal signed earlier in 2017 with undisclosed value and expected to complete mid-2017.