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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Danone to produce bio dairy products at Romanian factory after US$3.3m investment

ROMANIA – French dairy group Danone has invested €3 million (US$3.3m) in setting up a new product line at its Bucharest factory, southern Romania that will see the company introduce bio dairy products in the market. Danone is scheduled to begin production of the products at the site by the end of October, reports Ziarul Financiar. Natalia Gelshtein-Kiss, general manager of Danone in Romania, Bulgaria and the Adriatic countries says that the company sees potential in local market, marking a ‘ripe moment’ for the investment. “The bio market segment started…

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