Klöckner Pentaplast Group announces launch of new state-of-the-art manufacturing equipment for European market

The •‚¬40 Mio ($54 Mio) investment will further enhance the company's production capabilities and product quality in the European market.

This business decision allows kp to optimize capacity and streamline production processes for the shrink-label films, food, thermoforming, boxmaking, adhesive tape, and decorative surfaces business segments.

“Klöckner Pentaplast is committed to servicing the needs of the European market with highquality film, service, and support,” comments Hans-Joachim Kogelnik, president and COO of Klöckner Pentaplast/Europe. “This strategy will enable us to remain competitive in today's challenging business environment and position us well for the future.”