KLÖCKNER PENTAPLAST
Groundbreaking for first Chinese production facility / Output focused on rising domestic demand
Establishing its first foothold in China, German films producer Klöckner Pentaplast (KP, Montabaur; www.kpfilms.com) in mid-January 2012 broke ground on its first production plant in the People’s Republic.The EUR 22.5m facility is located in Suzhou Industrial Park, about 80 km west of Shanghai, and scheduled for completion in Q1 2013. Production at the 12,000 m2 site will focus on packaging films, specifically KP’s proprietary “Pentalabel” transverse-direction oriented shrink-label films, for the growing Chinese market, with an overall nameplate capacity for 6,000 t/y. Aside from the production unit, the site will also include an R&D laboratory, KP said.

Commenting on the group’s first foray into the People’s Republic, KP chief executive Christian Holtmann said, “this new site enables us to continue to support our customers’ growing global demand for high-quality packaging films, especially in the dynamic Chinese market.”

KP employs more than 3,000 workers at its 17 production sites, located in 11 different countries. The group last posted sales of more than EUR 1 bn.
09.02.2012 Plasteurope.com [221542-0]
Published on 09.02.2012
Klöckner Pentaplast: Neuer Produktionsstandort in ChinaGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.11.2024 15:33:01   (Ref: 590172356)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp