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The Klöckner Pentaplast Group will add to its global production capacity in Asia, the Americas, and Europe. The company is investing US$51.8 million for this expansion, which includes facilities in Suzhou, China; Cotia, Brazil; and Santo Tirso, Portugal. Worldwide, the company will add 137 employees. The company says it is the only rigid films producer with manufacturing sites located in the Americas, Asia, and Europe.
Klöckner Pentaplast Group will invest in 1,200 metric tons of additional coating and laminating capacity suitable for the production of Pentapharm® alfoil® PVdC-coated and Pentapharm® ACLAR®-laminated packaging films to service the Latin American pharmaceutical industry. In addition, PVC calendering capacity will be increased by 12,000 metric tons to service the pharmaceutical, food, print, card, and general-purpose thermoforming markets. The US$15.1 million investment will add 36 employees.
Start up of the coating and laminating capacity will be Fall 2013, with calendering capacity coming online in Spring 2014, followed by matte calendering capacity in Fall 2014. The new capacity further complements the Group’s existing film production capacity at two facilities in Latin America, Villa del Totoral, Argentina, and Cotia, Brazil.
The company will add to its European production capacity for polyester films. Primarily used for food and consumer packaging applications, the new capacity will be located at Klöckner Pentaplast Group’s Santo Tirso, Portugal, manufacturing facility. The start up of the state-of-the-art extrusion line is targeted for Winter 2013 and will add 25 employees. The US$7.2 million investment will add 8,000 metric tons of capacity.
As previously announced, kp will open its first Chinese production site in the Suzhou Industrial Park (Suzhou, China). The new site is scheduled to open Spring 2013 and will produce packaging films for the growing domestic Chinese market. The first phase of operations will focus on transverse-direction oriented shrink-label films and house state-of-the-art production equipment, high-tech production control systems, and a research and development laboratory. The site will increase Klöckner Pentaplast’s global shrink-films capacity by 6,000 metric tons. The US$29.5 million investment will employ 76 people.