Liveo (formely known as Bilcare) invests over 10 million € in new PETG films capacities for shrink and medical device films
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For years Liveo has been known as a strong, reliable partner and leading manufacturer of high-quality films for the shrink-film market. Following the tremendous success of Liveo’s PETG capacity increase in 2016, the company is now investing in new PETG capacities in order to attend and serve the growing market and customers.
With this investment, apart from PETG shrink-films, Liveo will also be manufacturing PETG films for the medical device market. This step will not only extend Liveo’s product portfolio but will also expand and strengthen the company’s global presence in the pharmaceutical and medical device market.
The Company will be investing over €10 Mio. and this will also generate new jobs at Liveo.
Vineet Mehrotra, CEO of Liveo Research AG said, “This investment will not only help us service the growth requirement of our existing shrink-film customers but also help us expand our product portfolio with PETG films for the medical device market and drive our global growth strategy forward.”