PETpla.net Insider 06 / 2021

9 NEWS PETplanet Insider Vol. 22 No. 06/21 www.petpla.net Synergy between PET Engineering and Comep Born from the synergy between PET Engineering and Comep, Competek - Sustain- able Packaging Solutions is a new player in the interna- tional packaging industry. The new company aims to provide food, beverage and homecare packaging manufacturers with sustainable and efficient prod- uct lines. PET Engineering has always specialised in the engineering and industrialisation of new packaging solutions, with a special view to their implemen- tation on customer lines. The core business of the French based company Comep con- sists in the development and production of moulds for PET containers instead. The two companies are joining forces to focus on help- ing packaging manufacturers in the fast-evolving consumer goods sector to face the chal- lenges and changes the market requires. Competek, based in France is providing a full range of pack- aging services; from packaging engineering and optimisation, to high quality moulds and change- over spare parts. www.competek.com Alpek acquires CarbonLite’s rPET facility Alpek, S.A.B. de C.V. announced that it has acquired Car- bonLite Recycling LLC’s state-of-the-art PET recycling and pelletisation facility in Reading, Pennsylvania in the United States. The site was acquired for US$ 96 million on a debt- free basis and is subject to customary conditions precedent. Alpek was strongly interested in CarbonLite’s Reading site as it is outfitted entirely with brand-new equipment, including a state-of-the-art optical sorting system, wash line, and solid state polymeriser (SSP), which enables production of food- grade pellet, needed in bottle-to-bottle recycling. The site has a bottle-to-flake and flake-to-pellet input capacity of 115,000 t and 49,000 t, respectively, making it the largest integrated rPET facility in the Americas. The site is expected to start operations during the third quarter 2021. This acquisition is fully aligned with the Fostering a Circular Economy pillar of the Company’s long-term strategic growth plan. It increases Alpek’s installed rPET capacity to 394,000 t, reaffirms its position as the largest PET recycler in the Ameri- cas, and achieves the company’s target of supplying selected customers with 25% rPET content before 2025. www.alpek.com