Klöckner Pentaplast installs new manufacturing equipment in Europe

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Klöckner Pentaplast has invested 40 million euros (USD $54m) in new manufacturing equipment at its Montabaur, Germany, and Santo Tirso, Portugal, facilities. The new technology enhances the company’s production capabilities for the shrink label films, food, thermoforming, box-making, adhesive tape and decorative surfaces business segments.

‘Klöckner Pentaplast is committed to servicing the needs of the European market with high quality film, service and support,’ commented Hans-Joachim Kogelnik, president and COO of Klöckner Pentaplast Europe. ‘This strategy will enable us to remain competitive in today’s challenging business environment and position us well for the future.’

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