PET packaging firm APPE is investing £10m to upgrade its preform manufacturing plant in Gresford, UK.

The investment will be spent on the installation of five Husky preform injection moulding systems, as well as the latest generation ancillary equipment including silos, resin drying systems and water chilling systems.

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With the installation of new injection moulding machines, the plant will see an increase in its annual capacity by 1.5 billion units to eight billion units.

"APPE has successfully renewed existing contracts and has also won new business despite our parent company (LSB) entering voluntary insolvency in 2013."

The company selected latest generation machines and equipment from Husky and Piovan due to their advanced control systems with minimal carbon footprint, APPE said.

APPE UK commercial director George Hendry said: "APPE has successfully renewed existing contracts and has also won new business despite our parent company (LSB) entering voluntary insolvency in 2013.

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"The company has worked very closely with our customers throughout this period to retain our position as Europe’s premier PET preform and container designer and manufacturer."

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APPE offers single-stage and two-stage PET preforms, bottles and containers for a wide range of markets such as food, beverages, home and personal care.

The company also offers barrier and heat-set technologies in many formats.

APPE currently operates a food-grade PET recycling plant in Europe, which is capable of producing 35,000t of recycled PET annually.

Rigid plastic manufacturer Plastipak Packaging is acquiring APPE from the bankrupt La Seda de Barcelona for €360m. An agreement to this effect was signed in March.