Polyplex Thailand has announced plans to invest $202m in Thailand and the US in the next two years in order to further grow in the North American region.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The US investments, expected to be completed in the fiscal year of 2013/14, include PET thin film line and a PET resin line.

Polyplex said in a statement that the investment aims to capture the growth potential in the North American region and will further diversify the company’s manufacturing base in Thailand.

In Thailand, the company is working to complete a silicone coating line in 2012/13 and a PET thick film line and polypropylene blown film line in 2013/14 respectively.

Polyplex forecasts an annual growth of 8-10% in product demand.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Packaging Gateway Excellence Awards - Nominations Closed

Nominations are now closed for the Packaging Gateway Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
From rising paper prices to plastic reduction targets, Morris Packaging is tackling today’s toughest packaging challenges – and has won three 2025 Packaging Gateway Excellence Awards for it. Learn how Revopack and EcoPour deliver recycle-ready, high-impact packaging that boosts efficiency from filling line to retail shelf.

Discover the Impact