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Selenis adds PET resin production lines in North Carolina

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Jun 22, 2023

Selenis adds PET resin production lines in North Carolina

Selenis has acquired specialty PET resin production in North Carolina. The

Selenis has acquired specialty PET resin production in North Carolina.

The batch production lines acquired by Selenis in Fayetteville, N.C., have annual production capacity of 55 million pounds. They'll be used to make glycol-modified PET (PETG).

In a news release, Selenis officials said that, with continuous development and growth of the North American market, the firm "followed through in their expansion plans to produce locally."

Selenis officials declined to identify the seller, but said the lines are part of a larger facility in Fayetteville.

"Our objective is always to take care of our people, our customers and our shareholders," CEO Duarte Matos Gil said. "This recent agreement will help us expand the geographic and industry reach of our products."

Officials added that Selenis is "highly focused" on sustainability and centers its innovation in developing products with up to 50 percent recycled content and fully recyclable PET solutions. The firm's progress in molecular recycling "turns waste into the building blocks of their specialty resins, contributing to the fight against climate change."

Earlier this year, Selenis renewed its Recyclass certifications for recycled content traceability. The certifications certify the use of 30 percent and 50 percent post-consumer recycled content in the firm's Eco Resins, which it commercialized in 2019.

Portalegre, Portugal-based Selenis makes specialty polyester, PET and copolyester resins. The firm is owned by investment firm IMG Group of Porto, Portugal. IMG also owns global polyester film producer Evertis.

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