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Article: Tetra Pak to sell PE bottle operations.(Tetra Pak International AB)
- Article from:
- Plastics News
- Article date:
- July 19, 2004
- Author:
CopyrightCOPYRIGHT 2004 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Joseph Pryweller
Tetra Pak is seeking a buyer for its operations that blow mold high density polyethylene bottles.
The company, based in Lausanne, Switzerland, has been shopping the operation since April, said spokeswoman Susan Goldsworthy. The company will retain its plastics-related machinery and closures operations.
Tetra Pak did not make a public announcement of the move but has talked privately with many interested parties, including some competitors, said sources at competing companies familiar with the sale.
The business includes 13 plants in nine countries, many of which are in the United Kingdom, Goldsworthy said. At ...