Investment in new production capacity in Asia and America

The Klöckner Pentaplast Group announced that it will add to its global production capacity for transverse-direction oriented shrink-label films. Primarily used for full- or partial-body shrink-sleeve applications, the new shrink film capacity will be located at the company’s Rayong, Thailand, and Rural Retreat, USA, manufacturing facilities. In addition, kp announced that it will be adding PVC production capacity to its Rayong, Thailand site. The company is investing 37 mio USD (27.4 mio EUR) for this expansion which includes two tentering lines and PVC production machinery. 64 employees will be added worldwide. Klöckner Pentaplast is the only shrink-label films and PVC producer with manufacturing sites located in the Americas, Asia, and Europe.