Home / Knowledge / News / Textiles / M&G announces 200 kMT capacity expansion in Brazil
M&G announces 200 kMT capacity expansion in Brazil
25
Aug '08
The M&G Group (Gruppo Mossi & Ghisolfi) announced that it has started an investment to expand the capacity of its single reactor Brazilian PET plant to 650 kt/year from its current 450 kt/year rate.

The expansion investment is expected to require 12-15 months before it comes on stream; necessary equipment parts orders have already been placed. With the expansion, M&G Brazil PET plant, located in Ipojuca in the State of Pernambuco, will remain by far the largest single reactor PET plant in the world.

M&G Brazil plant is also the most innovative in the industry, as it employs M&G's unique and proprietary technologies such as FlexPETTM - designed to achieve large scale, economically viable barrier-enhanced PET production - and EasyUp - M&G's innovative viscosity upgrading process which substantially reduces the costs, while retaining the flexibility benefits of the SSP manufacturing step.

Marco Ghisolfi, CEO of M&G's Polymers Business Unit said, “I am very happy to be able to re-confirm M&G Group's commitment to Brazil and to the PET industry”. He added “Even if growing significantly, we estimate that Brazil's PET market will only reach 650 kt/year in 2012 or 2013. However, we have decided to anticipate our plant capacity expansion to ensure that we continue to provide stability, support and technological leadership for the growth plans of the many M&G customers who have entered into medium term contract commitments with us in Brazil.

Gruppo Mossi & Ghisolfi

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search