The added PET product, which is commercialised under the name of PolyPet, will significantly increase the company's PET yearly production capacity. In the first phase, the new line will be dedicated primarily to the production of additive concentrates and white PET masterbatch.
“The additional PET capacity will reinforce our leading market position as a masterbatch provider for the European food packaging and BoPET film markets. This investment is indeed aligned with current megatrends and addresses the needs of the packaging market,” said Heinrich Lingnau, vice president and general manager Europe, Middle East and Africa (EMEA), A Schulman.
Frank Roederer, business unit director masterbatch, EMEA, added, “Coupled with our extensive technical and market knowledge as well as the existing polystyrene and polyolefin offering, this investment will enable us to meet our customers' growing demand for customised food packaging solutions.”