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Takeover boost for US plastic bottle recycler’s capacity

May 15, 2014, 1:16 am
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Major US-based plastic bottle recycler DAK Americas has purchased Argentina's CabelmaPET. The deal, still subject to antitrust review in Argentina, will bring 16 000 tonnes of recycled PET capacity to DAK America's existing business, reports Plastics News.

CabelmaPET's bottle recycling facility in Buenos Aires, produces food-grade recycled raw material from PET bottles. DAK Americas currently produces more than 190 000 tonnes of virgin PET resin at an existing site in Argentina, at Zarate.

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