Polyplex USA LLC, part of the Polyplex group of companies, has completed its purchase of substantially all of the assets of Scholle’s Vacumet Plastics Division located in Austell, Georgia.
This acquisition, effective
July 2, 2012, strengthens Polyplex’s vision to continue to grow, create value
and establish global leadership in the film business. With the integration of
this Austell facility into Polyplex’s U.S. operations, will hope to redefine
the metallizing industry in North America by establishing a reliable supply
chain, quality products and an expanded product portfolio.
Polyplex’s new 8.7 m wide
polyester film line, with a capacity of 65 million pounds integrated with
resin, is currently under construction in Decatur, Alabama, and is expected to
start production by fourth quarter of 2012.
expansion coupled with the company’s new thick film line in Thailand will
increase Polyplex’s global polyester film capacity to 470 million pounds across
India, Thailand, Turkey and North America.