20-21 Oct, 2014 - Mexico City, MEXICO
Hyatt Regency Mexico City
Hyatt Regency Mexico City
Argentina based DAK Americas, a polyethylene terephthalate (PET) resins producer, will acquire of CabelmaPET S.A., a PET bottle recycling operation based in Buenos Aires, Argentina.
Currently, CabelmaPET recycles over 16,000 tons of PET bottles per year. On the other hand, DAK produces over 190,000 metric tons of virgin PET resins per year in Argentina.
With the new acquisition, DAK plans to integrate CabelmaPET's post-consumer recycled material into its existing manufacturing process.
DAK plans to integrate products from both the facilities and market them under its Laser+ brand of PET resins.
Customers primarily in the bottling and packaging industries are likely to benefit from DAK's recycled PET material.
12th LAPET conference coming to Mexico City on 20-21 October, 2014 seeks to discuss impact of such development and provide industry views on PET recycling in LATAM.
Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more details.
