Mexico’s Xito invests $4M in sheet capacity

By Stephen Downer
Correspondent

Published: September 24, 2012 6:00 am ET

Related to this story

Topics In Print
Companies & Associations

Extruder and thermoformer Xito SA de CV has invested $4 million in a new PET sheet extrusion line that will almost double its current production capacity of 19 million pounds a year.

According to Norman Wright, owner and chief executive, 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 would not disclose. The line began production in August.

Since launching the company in 1990 in Atizapán de Zaragoza, near Mexico City, Wright has invested $9 million in sheet machinery, he said 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 … new capacity, our exports to the U.S. will gain significantly.”

About 85 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 barrier of polyethylene/ethylene vinyl alcohol.

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 those applications, 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, Texas, just south of Houston.


Comments

Mexico’s Xito invests $4M in sheet capacity

By Stephen Downer
Correspondent

Published: September 24, 2012 6:00 am ET

Post Your Comments


Back to story

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events