Treofan receives new shareholder funds

EUROPEAN PLASTICS NEWS

Published: December 17, 2013 11:37 am ET
Updated: December 17, 2013 11:39 am ET

Related to this story

Topics Packaging Film & Sheet Extrusion
Companies & Associations

Treofan Group, the Raunheim, Germany-based producer of biaxially oriented polypropylene (BOPP) films, has received new financing which it says will support its growth.

The group’s majority shareholders M&C, Goldman Sachs and EBF & Associates have invested 35 million euros of new capital, the company announced. This investment forms part of a “comprehensive re-financing of the firm,” it said.

“This important step demonstrates our shareholders’ strong support for the management’s new growth strategy and their continued long-term commitment to the company”, said Treofan CEO Peter Vanacker. “We now have a solid base to make strategic investments that are crucial for Treofan’s future.”


Comments

Treofan receives new shareholder funds

EUROPEAN PLASTICS NEWS

Published: December 17, 2013 11:37 am ET
Updated: December 17, 2013 11:39 am ET

Post Your Comments


Back to story


More stories

Image

Kautex showing off an extrusion blow molding machine at NPE

March 25, 2015 6:00 am ET

After 80 years in business, Kautex Maschinenbau GmbH officials know good old-fashioned word of mouth is often the best way to reach more customers.    More

Image

Fabri-Kal to expand its sustainable packaging with new Idaho plant

March 20, 2015 2:03 pm ET

Thermoformed packaging company Fabri-Kal Corp. plans to tap into Idaho's farming community to expand its sustainable packaging program.    More

Silgan picks Hazelwood, Mo., for plant

March 20, 2015 11:32 am ET

Silgan Plastics has reportedly selected the location of its second new plastics container plant.    More

Image

Advances in barrier injection molding highlighted at NPE

March 17, 2015 10:39 am ET

It's a Holy Grail of plastics: Clear, coinjection molded containers to replace metal cans, the common “tin can” produced by the billions...    More

Image

Berry, Klöckner Pentaplast form marketing alliance

March 13, 2015 11:06 am ET

Rigid plastic film and packaging maker Klöckner Pentaplast Group is teaming up with Berry Plastics Group Inc. in what is being called a marketing alli...    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