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Bericap to expand plastics unit

Bericap GmbH, a German plastics company that produces caps for containers in 18 countries, plans to spend Ft 1.1 billion to boost production in Hungary, business daily Világgazdaság reported. Based in Székesfehérvár, western Hungary, Bericap Záródástechnikai Bt, the company's subsidiary, will expand its plant space by 4,700 sqm to 13,000 sqm and will buy new equipment this year, managing director Dénes Papp told the paper.