Processing Technologies International (PTi) has announced the sale of a sheet extrusion system to Aserpet which represents a “major stepping stone” in the company’s expansion strategy.
It is PTi’s first sale in Turkey and the coextrusion system, which runs 750 kg/hr of polyethylene terephthalate (PET), also includes a roll stand, winder, and stacker.
Aserpet, a recycler of PET flake for the packaging industry, purchased its first sheet extrusion line to help support the company’s entrance into the packaging industries.
The Turkish-based firm will soon start manufacturing PET sheet roll stock.
“This is a significant business deal that firmly positions us in yet another key global region,” said Patrick Johnsen, eastern regional sales manager at PTi.
“We’re excited about entering the Turkish market because it represents another important step in our global growth strategy.”
PTi said it is exploring other business opportunities in Turkey, targeting PET, polypropylene (PP), polystyrene (PS), and barrier sheet extrusion systems for the packaging industry.