Gurit has reported the losing of the acquisition of the PET recycling production facilities from Valplastic in Italy, as reported in April 2019.
With the conclusion of the asset purchase agreement, Gurit Italy PET Recycling will supply Gurit’s existing PET core production with recycled PET flakes and granules used for extrusion. Gurit has now secured quality and cost effective raw material supplies and extended its value chain from the recycled bottle down to a finished quality core kit for the windturbine blade making OEMs.
