A producer of rigid films and foils and leading supplier to the shrink-film market, Bilcare (Basel, Switzerland) has announced that it will invest €10 million in new PETG capacity to serve its growing shrink film and medical device customer base.
The company previously expanded PETG capacity in 2016. The new addition will extend its product portfolio and strengthen its global presence in the pharmaceutical and medical device markets, the company said.
The more than 50-year-old firm historically has served the global pharmaceutical, print and label, and security and credit card sectors. It operates plants in Germany, Italy, India, Singapore and Newcastle, DE, in the United States. It currently employs approximately 1200 people, and that number will increase with the new investment, the company reported.