Mexico's Xito invests $4 million to add PET sheet capacity

By Stephen Downer
Correspondent

Published: August 23, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet, Thermoforming

MEXICO CITY (Aug. 23, 1:30 p.m. ET) — Extruder and thermoformer Xito SA de CV has invested $4 million in a new PET sheet extrusion line which will almost double its current production capacity of 19 million pounds a year.

According to owner and chief executive Norman Wright, Xito will increase its sheet production capacity by 17 million pounds a year with the new line, acquired from a European supplier whose name Wright preferred to keep to himself and started up this month.

Since launching the company in the municipality of Atizapan de Zaragoza, near Mexico City, in 1990, Wright has invested $9 million in sheet machinery, he told Plastics News by email.

“This next semester we expect a [business] growth of 45 percent based on our new sheet line,” he added. “We feel that, with our proven quality and new capacity, our exports to the U.S. will gain significantly.”

Eighty-five percent of Xito’s production is for the Mexican market, 10 percent is exported to the United States and 5 percent to Central America.

Xito employs 150 and produces sheet from either recycled or virgin PET with or without a sealable PE/EVOH barrier.

It can make large master rolls as well as smaller rolls for vacuum formers or thermoformers that need specific sizes. Gauges run from 8-40 mils.

Xito also thermoforms PET sheet into cake domes and food containers. The company uses sheet with an inner layer of recycled PET in that application, Wright said.

Most of the company’s sheet is made from hot-washed PET flake, supplied by sister company Petall SA de CV, which is located nearby.

Petall is one of several other companies owned by Wright. The others are disposable plastic cutlery maker Xactico SA de CV and distributor Wow Plastics Inc, whose warehouses include one in Rosenberg, just south of Houston.


Comments

Mexico's Xito invests $4 million to add PET sheet capacity

By Stephen Downer
Correspondent

Published: August 23, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

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

Image

Bayer launches PC sheet production in Guangzhou, China

December 17, 2014 6:00 am ET

Bayer MaterialScience (BMS) has started its new polycarbonate sheet production plant at its Guangzhou, China, site.    More

Image

Amcor unveils hot-fill PET jars that accept metal lug closures

December 17, 2014 8:47 am ET

Amcor Rigid Plastics has developed hot-fill PET jars that accept metal lug closures — which the company claims is a first for food packaging.    More

Image

Ecolean expanding flexible packaging production in China

December 16, 2014 3:07 pm ET

Flexible packaging maker Ecolean AB is opening a new factory and warehouse in China to increase production.    More

Image

Ohio's PTI offering PET services in Southeast Asia

December 11, 2014 12:31 pm ET

Plastic Technologies Inc. is partnering with Hemetek Techno Instruments of Mumbai, India, to provide PET package evaluation services in Southeast Asia...    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 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 billion 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

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