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ARLA PLAST AB Aquires all Hostaglas assets

27-Mar-2002

ARLA PLAST AB of Sweden, who are one of Europe’s leading suppliers of extruded thermoplastic sheet, has recently acquired all of the assets of the Irish based company Hostaglas. This important acquisition includes two new polyester lines which will be transported to the Arla Plast factory in Borensberg, Sweden. Hostaglas is very well known in the plastic industry for its high quality amorphous PET sheets. ARLA PLAST AB, already is a strong player in Polyester, will now increase its capacity considerably and this further shows Arla´s commitment to their polyester product family.

In total ARLA PLAST AB will now have 10 extruders; seven for PC/ POLYESTERS and three for ABS/PO. The production will increase with 4000 tons for its transparent products, including PC and POLYESTERS. Kenneth Synnersten, Managing Director at Arla Plast AB says:” This new investment signals a further development in Arla Plast AB production capability and will greatly improve the product range, the speed of supply and flexibility of production.”

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