Klöckner Pentaplast announces $25m Investment in Capacity Expansion in North America
Klöckner Pentaplast’s Pharma & Medical Device Division (kp PMD) announced today that it will add to its global production capacity in North America.
“Our significant expansion plans reflect our dedication to servicing customers’ needs now, and in the future” says Tracey Peacock, President kp PMD. “The additional coating and laminating capability suitable for the production of Pentapharm® and Pentamed® packaging films will service the North American pharmaceutical and medical device industry. We are excited to support the growing high barrier product segments by investing in best in class coating and laminating capabilities, enabling new performance levels in barrier protection.”
kp PMD is investing $25 million over the next few years in technology and processes to ensure they deliver innovative, functional and safe products for customers. This investment in North America complements earlier announcements by kp this year, highlighting their capacity expansions in Switzerland and Brazil. kp plans for the new capability in North America to be operational in 2020.
Visit the team at Healthcare Packaging Expo (part of PackExpo), booth #864 from 14-17th October 2018 in Chicago, Illinois to learn more about kp PMD and their products
About Klöckner Pentaplast
Focused on delivering its vision: The Sustainable
Protection of Everyday Needs, kp is a global leader in rigid and flexible packaging, specialty film
solutions, serving the pharmaceutical, medical device, food, beverage and card
markets, amongst others. With a broad and innovative portfolio of packaging and
product films and services, kp plays an integral role in the customer value
chain by safeguarding product integrity, assuring safety and consumer health,
improving sustainability and protecting brand reputation. Founded in 1965 kp
has 32 plants in 18 countries and employs over 5,900 people committed to
serving customers worldwide in over 60 locations.
Group Director, Global Communications