Mitsubishi Polyester Film to Expand PET Capacity
- Published: October 13, 2015
GREER, SC | Mitsubishi Polyester Film (MPF) announces an investment of $100 million to increase its capacity for biaxially oriented polyester (BOPET) film at its plant in Greer. The investment will include a new film production line scheduled to start up mid-year 2017.
MPF reports its strategy is to deliver cost-effective innovative solutions to its customers in the industrial, packaging, and electronics markets. The company says it has demonstrated a continued commitment to the Americas PET market by pursuing a strong investment strategy in its Greer facility. It adds that polyester film’s growth in industrial and packaging markets continue to remain strong at 3%-7% annually, and MPF is committed to enabling future growth of its customers through expanded capacity and capability.
In addition to the production facility in South Carolina, MPF, part of the Mitsubishi Chemical Holding Corporation, has manufacturing locations in Japan, China, Indonesia, and Germany.
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