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

Deal puts Convergence Packaging under Comar's umbrella

October 24, 2014 2:00 pm ET

Convergence Packaging Holdings LLC, itself a product of mergers, now is joining together with Comar LLC.    More

Image

Investment firm buys Ontario cap molder

October 23, 2014 2:01 pm ET

A company whose varied interests include food and refrigerated transportation businesses is now moving into plastic caps.    More

Image

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Bemis reports record quarterly profit

October 23, 2014 1:06 pm ET

Bemis Company Inc. saw record per-share earnings from continuing operations during the third quarter, but charges associated with the divestiture of...    More

Image

Packaging specialist Amcor hits sustainability goals ahead of schedule

October 23, 2014 11:15 am ET

Global packaging company Amcor Ltd. has achieved its waste reduction goals two years ahead of schedule, according to the company's new sustainability ...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

More Events