Czech Republic's polyethylene terephthalate (PET) packaging firm Petainer has announced fresh investment in its Nordic plant in Lidköping, Sweden, in a bid to ramp up production capacities at the site.
The company has recently completed its Husky installation and aims to invest further in the new injection moulding plant and machinery.
According to Petainer, the Husky HPP injection equipment will enable the plant to run in an ecological way.
Petainer CEO Nigel Pritchard said that the latest investment comes on the heels of the company's initial investment plan from the second half of 2012, and it will follow this up in 2013 with more investments.
"The equipment will enable the Petainer Group to apply the latest green methodologies and will support our current product portfolio and expansion," Pritchard said.
With plans underway to develop its local markets, the group is looking at spreading its operations into other geographies as well.
The new investment is in line with company's overall strategy to provide environment-friendly PET packaging solutions.
Petainer claims that it is making a constant effort to improve its environmental footprint, and the investments combined with its know-how allows it to design and produce a new range of functional PET packaging solutions that are cost-effective.
A specialist engineering and technology business Petainer develops, designs and manufactures PET plastic containers.
Image: Petainer will investment in its Nordic plant in Lidköping, Sweden to increase PET production capacities. Photo: courtesy of Petainer Czech Holdings s.r.o.