Home Archive for category "GEPET"
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ECO Plastics’ £6 million funding package renews confidence

Published on March 28, 2013 by in GEPET

ECO Plastics has successfully secured another £6 million funding from Lincolnshire business, Ludgate Environmental Fund and Robeco SAM Private Equity for its expansion plans – a response towards the region’s possible rapid growth. This is not the first time ECO Plastics received such support from investors. Back in 2011, ECO Plastics secured a £24 million

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APPE caters to growing European PET markets through upcoming Polish facility

Published on May 22, 2012 by in Featured, GEPET

In an interview, APPE said that it is building a new Polish facility on the back of local contract wins with two multinationals, with PET-based juice and water sales soaring in Eastern Europe. Another new facility worth over €15m is due to open this year at a later time. “What we’re seeing is the expansion

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Larger production capacities, expansions & tighter PX market for European sector

Published on May 2, 2012 by in Featured, GEPET, PET News

New production capacities are likely to lengthen the European PET in 2012. But a tight upstream paraxylene market could balance this. According to a PET buyer, it will be all about the raw materials in 2012. A highly competitive PET environment could arise since some PET customers are opting to take more risks on the

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Studies say global consumption of PET packaging will steadily increase annually until 2017

Published on April 12, 2012 by in Featured, GEPET, PET News

Based on a study titled “The Future of Global PET Packaging to 2017” the demand for PET packaging shows an annual increase of 5% until 2017. This future forecast for the use of PET packaging was a result of examining various factors such as areas of growth, environmental influences and supply chain effects across geographic

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JBF Group To Set Up PET Facility In Geel, Belgium

Published on February 12, 2012 by in GEPET, PET News

Indian polyester manufacturer, JBF Industries Ltd and BP Aromatics Ltd. N.V. have concluded a deal under which JBF RAK LLC is to build a new 390,000 tonne per year Polyethylene Terephthalate (PET) production unit in Geel, Belgium. JBF will build and operate this PET unit on BP’s existing petrochemicals complex in Geel, adjacent to BP’s

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