Icelandic rotational molding company Promens Inc. has launched a new plant in Miedzyrzecz, Poland, to produce a range of polyethylene products for markets in Eastern and Western Europe.
With an initial workforce of 110, the new, 108,000-square-foot facility is equipped with nine rotomolding machines that together can process more than 3.3 million pounds of PE resin.
Promens originally acquired a rotomolding plant in Miedzyrzecz in 2005 when it absorbed the international operations of Bonar Plastics Inc., the rotomolding division of London-based Low & Bonar plc. Promens' new facility replaced the old unit, which was launched in 2001 at a separate site in the city. The older plant will close, according to Promens Chief Financial Officer Adrian Platt.
The new plant will make water and fuel tanks, air ducts and a variety of technical components, according to the Reykjavik, Iceland-based company.
Owned by Icelandic investment firm Atorka Group hf, also of Reykjavik, Promens located the Miedzyrzecz plant on a 15-acre site, allowing for later expansion. The company foresees adding production modules to meet growing demand.
Promens, the globe's largest rotational molder, said the plant is designed to operate using lean manufacturing.
The Icelandic company accumulated its string of rotomolding plants in Europe and North America through the acquisitions of Bonar Plastics of Ridgefield, Wash., in 2005 and Elkhart Plastics Inc. of Middlebury, Ind., last year. In 2006, Promens also expanded its processing range to take in thermoforming and injection and blow molding when it took over Oslo, Norway-based packaging and component molder Polimoon ASA.
Promens operates plants in Europe, North America and Asia and employs 5,800.