In a JV, a new plastic packaging plant was inaugurated in Peremarton, Hungary, which serves specialty chemical customers.The new plant is a joint venture formed last year between Chesapeake and Chemark Termelö és Kereskedö Kft, a pesticide formulating company based in Hungary.
The joint venture, Chesapeake Plastics Kft, supplies customers including Chemark and Syngenta Crop Protection and is targeting prospective specialty chemical plastic packaging customers in Central and Eastern Europe. Through its Specialty Chemical Packaging Division, Chesapeake designs and manufactures plastic bottles and containers and supplies a full range of HDPE and PET bottles and containers to multinational companies as well as smaller specialized businesses. “With production sites in France, England, China and now Hungary, Chesapeake Specialty Chemical Packaging Division is committed to further developing its global supply network to serve its customers,” said J.P. Morvan, managing director of Chesapeake Specialty Chemical Packaging Division. Chesapeake has 45 locations in Europe, North America, Africa and Asia and employs approximately 5,500 people worldwide. (Emballagedigest)