Klöckner Pentaplast announces expansion plans
The Klöckner Pentaplast Group (www.kpfilms.com) announces that it will add to its global production capacity in Asia, the Americas, and Europe. The company is investing $51.8 million USD (€39.6 Mio) for this expansion which includes facilities in Suzhou, China; Cotia, Brazil; and Santo Tirso, Portugal. 137 employees will be added worldwide. Klöckner Pentaplast is the only rigid films producer with manufacturing sites located in the Americas, Asia and Europe.