Rexam will sell PET bottle sites
Packaging News, 01 November 2006
Rexam has followed the sale of a number of plastic food container sites by announcing plans to sell its refillable PET bottle facilities in Central and Eastern Europe.
The company said the Rexam Petainer business had a ¡°minor position¡± in the plastic bottle market and that it wanted to focus on other markets that fitted more closely with its global strategy.
Rexam Petainer contributed sales of £34m in 2005 and supplies the Scandinavian and German markets from production sites in Sweden and the Czech Republic.
Last month, Rexam sold several food plastics operations, including its site in Yate, near Bristol (Packaging News, October 2006). |