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, VA, manufacturing facilities. In addition,
PVC production capacity will be added to its Rayong, Thailand site.
Klöckner Pentaplast is investing $37 Mio USD (€27.4 Mio) for this
expansion, which includes two tentering lines and PVC production
machinery. Sixty-four employees will be added worldwide. The new
tentering lines will produce high-performance PETG and PVC shrink films
and will add 15,000 tons (33 Mio pounds) of shrink-film capacity to the
company’s existing global production.
Klöckner Pentaplast is the only shrink-label films and PVC producer
with manufacturing sites located in the Americas, Asia, and Europe.
Startup is targeted for early 2011.