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 Packaging, Mergers & Acquisitions, 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

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Image

Michigan thermoformer moving into larger location

February 25, 2015 4:04 pm ET

Thermoformer Display Pack Inc. has purchased a large manufacturing building in Cedar Springs, Mich.    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that m...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

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

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

More Events