PR94267

LONDON, Jan. 27, 2022, /PRNewswire＝KYODO JBN/ --

Klockner Pentaplast (kp), a global leader in recycled content products and

high-barrier protective packaging, has announced its intention to expand its

post-consumer recycled content (PCR) PET capacity in North America with a

significant investment to further grow its sustainable innovation offering in

consumer health, pharmaceutical, and food packaging markets.

kp currently leads the industry with over 20% of its volumes made from PCR

material. The expansion will add an extrusion line and two thermoformers

delivering a total of 15,000 metric tonnes of new rPET/PET capacity.

Scott Tracey, Chief Executive Officer states, “This investment supports our

growth strategy and is a result of our strong commitment to sustainable

innovation. The expansion responds to continued demand for sustainable options

from our food packaging, pharmaceutical, consumer and label film customers.

Working in conjunction with our customers, we will continue to develop

solutions that reduce the requirement for virgin raw materials which is

essential for our industry’s sustainability targets in the future.”

The extrusion line will support production of important sustainable product

lines such as kpNext(TM) recyclable pharmaceutical blister films, and

Smartcycle(R) recyclable label and consumer packaging films. The thermoformers

will produce award winning kp Elite(R) mono-material protein trays which are

made using up to 100% recycled PET and are easily recycled creating a circular

economy.

The location for multimillion-dollar expansion is currently under determination

and will sit next to one of its six North American plants that is best situated

to serve its customer base. It is targeted to be fully operational in Q1 2024.  

About Klockner Pentaplast  

Focused on delivering its vision: The Sustainable Protection of Everyday Needs,

kp is a global leader in rigid and flexible packaging, specialty film

solutions, serving the pharmaceutical, medical device, food, beverage and card

markets, amongst others. With a broad and innovative portfolio of packaging and

product films and services, kp plays an integral role in the customer value

chain by safeguarding product integrity, assuring safety and consumer health,

improving sustainability and protecting brand reputation. Founded in 1965 kp

has 31 plants in 18 countries and employs over 5,900 people committed to

serving customers worldwide in over 60 locations.

For more information visit:

www.kpfilms.com

SOURCE: Klockner Pentaplast