Kl"ckner Pentaplast breaks ground in China

Published: February 9, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet, Thermoforming

MONTABAUR, GERMANY (Feb. 9, 4 p.m. ET) — German packaging film manufacturer Kl"ckner Pentaplast Group is building its first Chinese production plant, a 185 million yuan ($29.5 million) investment that will focus initially on transverse-direction oriented shrink label films.

The 130,000-square-foot facility, in Suzhou, Jiangsu Province, is scheduled to open in the first quarter of 2013 and produce films for the domestic Chinese market, including its Pentalabel brand shrink films, the Montabaur, Germany-based company said in a Feb. 7 statement.

The plant will employ 100 and add 6,000 metric tons to Kl"ckner’s global capacity, the company said.

“We are excited to expand our presence in China with a broad film portfolio utilizing the most advanced production technology,” said CEO Christian Holtmann, in a statement. “This new site enables us to continue to support our customers’ growing global demand for high-quality packaging films, especially in the dynamic Chinese market.”

The factory will be in the Suzhou Industrial Park, and will include a research and development lab, the company said.

Kl"ckner has $1.4 billion in annual sales, with 17 factories in 11 countries. It said it is the only company with shrink-label manufacturing in the Americas, Europe and Asia.


Comments

Kl"ckner Pentaplast breaks ground in China

Published: February 9, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Duro-Last's large new extruder brings more under its own roof

December 22, 2014 3:24 pm ET

Roofing systems maker Duro-Last Inc. says it installed a one-of-a-kind extruder at its facility in Buena Vista Township, Mich., that is 5-stories...    More

Image

Piedmont moves to larger location

December 22, 2014 2:04 pm ET

Piedmont Plastics Inc. is moving to a larger location to serve the plastic sheet, rod, tube and film markets in the Philadelphia area.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Amcor buys Chinese flexible packaging plant

December 18, 2014 1:47 pm ET

Australian-based global packaging company Amcor Ltd. is buying a Chinese flexible packaging business for 211 million RMB (US$31.4 million).    More

Image

Bubbles add some flair to 'Plain Jane' PET bottles

December 17, 2014 1:05 pm ET

Ron Puvak and the folks over at Plastic Technologies Inc. see big things coming from some very tiny bubbles.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events