PET producer Neo Group adds third production line
Twelve years ago, Neo Group purchased BKG underwater pelletisers and related components for three PET polymerisation lines but installed only two, storing the unused BKG equipment in their original shipping boxes. Now the company has a new, third PET line, making it the second-largest PET producer in Europe, and those 12-year-old BKG pelletisers are hard at work. Neo Group had purchased the PET production lines from Zimmer AG, including twelve BKG underwater pelletisers – four for each polymerisation line – plus polymer diverter valves, gear pumps, water systems, pellet dryers, and controls.
Neo Group’s third PET line adds 160,000 tons of annual capacity, bringing the company’s total to 480,000 tons. The Neo Group PET resin and polyol manufacturing complex is located in Lithuania’s Klaipeda Free Economic Zone.
