Xito de CV has invested $4m in a new PET sheet extrusion line which will almost double its current production capacity of 19 million pounds a year.
Xito owner and chief executive Norman Wright was quoted by Plastics News as saying that it would increase its sheet production capacity by 17 million pounds a year with the new line, acquired from a European supplier whose name was not disclosed.
Of the total Xito's production, 85% is for the Mexican market, 10% is exported to the United States and 5% to Central America.
Xito produces sheet from recycled or virgin PET with or without a sealable PE/EVOH barrier.
Source:
http://pet.packaging-business-review.com/news/xito-to-double-its-pet-sheet-production-capacity-240812
