BOPP film maker AET renamed Taghleef

Published: March 1, 2013 2:09 pm ET
Updated: March 1, 2013 2:12 pm ET

Related to this story

Topics Mergers & Acquisitions, Packaging, Film & Sheet

DUBAI, UNITED ARAB EMIRATES — Film manufacturer Applied Extrusion Technologies Inc. is now doing business as Taghleef Industries Inc.

Taghleef Industries LLC, a Dubai-based manufacturer of polypropylene and polyactic acid films, purchased AET last year. The name change is a result of Taghleef integrating AET into its global organization, according to a news release.

The former AET, headquartered in Wilmington, Del., makes specialized biaxially oriented polypropylene films for food, product labeling and non-food applications. The company has plants in Terre Haute, Ind., and Varennes, Quebec.

The Varennes plant will do business as Taghleef Industries Canada Inc.

Taghleef has eight manufacturing sites worldwide — two in North America, three in the Middle East, two in Europe and one in Australia — as well as distribution centers in Germany and the U.S., and a sales office China.

The company said it has more than 794 million pounds of annual BOPP film capacity.


Comments

BOPP film maker AET renamed Taghleef

Published: March 1, 2013 2:09 pm ET
Updated: March 1, 2013 2:12 pm ET

Post Your Comments


Back to story


More stories

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

Image

Report: Private equity companies may seek to buy Bayer MaterialScience

October 23, 2014 10:56 am ET

A number of investment groups are reported to be interested buying Bayer AG's MaterialScience operation, valued at around 10 billion euros ($12.6 bill...    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