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The $100 million investment will include a new film production line scheduled to start up mid-year 2017.
September 28, 2015
By: Steve Katz
Mitsubishi Polyester Film, Inc. has announced an investment of $100 million to increase its capacity for biaxially oriented polyester (BOPET) film at its plant in Greer, SC, USA. The investment will include a new film production line scheduled to start up mid-year 2017. The company’s strategy is to deliver cost effective products to customers in the industrial, packaging and electronics Markets. MPF has demonstrated a continued commitment to the Americas PET market by pursuing a strong investment strategy in its Greer facility. Polyester film’s growth in industrial and packaging markets continue to remain strong at 3-7% annually, and MPF says its committed to enabling future growth of its customers through expanded capacity and capability. In addition to the production facility in South Carolina, Mitsubishi Polyester Film has manufacturing locations in Japan, China, Indonesia and Germany.
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