Industry News

Mitsubishi Polyester Film Invests $100 Mn to Boost Capacity of BOPET Film at its SC Plant

Published on 2015-09-30. Author : SpecialChem

Greer, SC -- Mitsubishi Polyester Film, Inc. announces an investment of $100 million to increase its capacity for biaxially oriented polyester (BOPET) film at its plant in Greer, SC. The investment will include a new film production line scheduled to start up mid-year 2017.

Mitsubishi Polyester Film
Fig. 1: Mitsubishi Polyester Film

MPF’s investment announcement is a testament to its recognized position as a market leader in polyester film both globally and in the Americas. The company’s strategy is to deliver cost effective innovative solutions to our Valued Customers in the Industrial, Packaging and Electronics Markets. MPF has demonstrated a continued commitment to the Americas PET market by pursuing a strong investment strategy in its Greer facility. Polyester film’s growth in industrial and packaging markets continue to remain strong at 3-7% annually, and MPF is committed to enabling future growth of our Customers through expanded capacity and capability.

In addition to the production facility in South Carolina, Mitsubishi Polyester Film has manufacturing locations in Japan, China, Indonesia and Germany. Mitsubishi Plastics, Inc. is part of the Mitsubishi Chemical Holding Corporation, one of the largest chemical companies worldwide with annual revenues of approximately $40 billion.

About Mitsubishi Polyester Film

Mitsubishi Polyester Film, Inc., together with its polyester film affiliates in the Mitsubishi Plastics, Inc. group, is a global leader and among the largest suppliers of polyester (PET- polyethylene terephthalate) film in the world. The company’s growth in the polyester film business is a direct result of its worldwide resources and the desire to be quality supplier of choice.

For more than 40 years, MPF has built on the global polyester business experience of the Mitsubishi Polyester Film Group and its parent company, Mitsubishi Chemical Holding Corporation, creating unique engineered PET solutions to satisfy its customers´ requirements.

Source: Mitsubishi Polyester Film

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