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ALBIS PLASTICS CORPORATION acquired the remaining shares in ALBIS Barnet Polymers LLC, a joint venture with William Barnet & Son, LLC specializing in recycling post-industrial raw materials. The acquisition was completed on October 1, 2017, and activities will be fully integrated from 2018.
Albis Plastics Corporation officially inaugurated a new compounding plant in Duncan, South Carolina, on August 31, 2017, with production starting in July 2017. The plant has a capacity of 30 million lbs per year and represents a $14 million investment, with plans to add up to 60 jobs.
| Site | Largest | Latest |
|---|---|---|
| Duncan, United States | $14.0M | 2017-09-05 |