LINPAC invests EUR 8 million and consolidates its leading position in Europe

LINPAC meets the growing demand for PET and rPET with an investment of over EUR 8 million in new extrusion and thermoforming technologies on its Pravia site in Spain, to provide a wide range of products which are lighter, more economical and durable.

The installation of a fourth extruder on the site of Pravia allow the manufacturer of food packaging to increase its production capacity by 25%, and to meet the European demand from retailers and packers who manage the transition packaging to PET. PET is a plastic, polyethylene terephthalate and rPET recycled PET.

Throughout Europe, PET and rPET have become extremely popular as a material for food packaging, thanks to their flexibility and lightness, their barrier properties, as well as recyclability. These benefits impel the growth of the market among retailers and packers in Spain and other European countries.

The investment is itself part of a 3-year plan, representing an estimated total of 14.3 million euros for LINPAC Spain, € 3.8 million in 2017 plus 2.5 million euros in 2018. The project confirms the leading position of LINPAC on the Iberian region and beyond in terms of market share and technology innovation.