PIE-TICKER
Preform producer LuxPET widens output
Luxembourg-based preforms manufacturer LuxPET (www.luxpet.com), Bascharage, widened its output by 25% in 2004 to 1.3 bn units, and the company - part of the Schoeller Wavin group (www.schoellerwavinsystems.com), Hardenberg / The Netherlands - achieved sales of EUR 53m, up from EUR 45.8m in 2003. While margins have shrunk in recent months, due to higher raw materials prices, LuxPET still managed to improve its earnings, managing director Mathieu Haels told the German weekly newsletter "Kunststoff-Information" (www.kiweb.de), Bad Homburg / Germany.
02.02.2005 Plasteurope.com [11690]
Published on 02.02.2005