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Polymer-Gruppe signed a contract to purchase a 17.5-hectare plot in Idar-Oberstein for a new bioplastics production facility. The company plans to invest EUR 30-50 million, create about 300 jobs, and achieve a capacity of 100,000 tons per year.
Polymer-Gruppe announced investments in new bioplastics activities, founding SoBiCo GmbH to develop novel PLA-based copolymers with film-soft properties, based on research with Fraunhofer Institute.
| Site | Largest | Latest |
|---|---|---|
| Idar-Oberstein, Germany | $47.0M | 2021-11-16 |
| Germany | 2020-11-30 |