|
|
Article: HOT PET BOTTLE MARKET SENDS SCHMALBACH-LUBECA TO PERU.
- Article from:
- Plastics News
- Article date:
- September 14, 1998
- Author:
CopyrightCOPYRIGHT 1998 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)
|
Keeping in step with the booming South American PET bottle market, Germany's Schmalbach-Lubeca AG has formed a Lima, Peru-based joint venture with two companies.
Schmalbach-Lubeca PC Del Peru SA will begin injection molding PET preforms of all sizes on three presses this month. The new, 32,400-square-foot plant will employ fewer than 25. Financial details concerning the venture were not disclosed.
``Peru is a very important market for us,'' William Long, vice president and general manager of Schmalbach-Lubeca's Latin America operation, said in a news release. ``We have been supplying Peru for a number of years via import from company operations in ...