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.

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.