Klockner-Pentaplast of America Inc.
In a deal that combines two global plastics packaging companies, Klöckner Pentaplast Group has signed an agreement to buy Linpac Group Ltd., the companies announced April 7. The companies are already owned by the same investment firm, Strategic Value Partners LLC.
A globally experienced executive with some plastics in his background has been appointed CEO of Klöckner Pentaplast Goup.
Rigid plastic film and packaging maker Klöckner Pentaplast Group is teaming up with Berry Plastics Group Inc. in what is being called a marketing alliance to provide form-fill-seal packaging.
Plastic sheet leader Klöckner Pentaplast Group is no longer for sale, according to an Oct. 21 Reuters article.
UPDATED — Compounding leader PolyOne Corp. is denying a report that it bid as much as $2 billion for film and sheet major Klöckner Pentaplast Group.
Three investment firms are considering making an offer for plastic film maker Klöckner Pentaplast Group, according to a Bloomberg news report.
Film leader Klöckner Pentaplast Group is in the midst of a $15 million capacity expansion for PVC monofilms production in Brazil that should be ready by July, and is looking to capitalize on a recent $3.3 million line expansion in Argentina, according to a lead executive with the company.
Plastic film maker Klöckner Pentaplast Group would not confirm recent reports that the company is for sale after an earlier attempt to sell the business was unsuccessful.
Global films producer Klöckner Pentaplast Group is offering an update on its plans to expand worldwide in 2013 and 2014.
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