Alpla invests in new PET recycling plant in Romania as Clearlake Capital Group to acquire Mold-Rite Plastics

ROMANIA –  Alpla Group, an Austrian-based global packaging, and recycling company, has invested in the construction of a recycling plant in Romania, as part of its sustainable packaging initiative.  The new plant and associated buildings and infrastructure is expected to cost approximately €7.5 million (US$8.79 million).  Alpla is undertaking the new project through a joint venture that includes Romanian manufacturer Ecohelp SRL and Swiss company United Polymer Trading AG.  The new facility will be based in Targu Mures, Romania, and will recycle plastic granulate from PET (rPET), which will then be used to produce…

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