Family-owned M&G operates PET plants in Italy, Brazil, Mexico and the US with a global capacity of 1.65 million tpa. Group sales in 2007 reached $2.8bn (€2bn), of which 90% resulted from PET resin business. In February last year, the group sold its Italian PET bottle preform product...
“Queretaro, particularly, is becoming the plastics hub for Mexico,” Gonzalez said. “Not only molding companies, but also mold makers are coming. Since we have many European company assembly plants, they are bringing with them many, many suppliers.” Building the supply base is important for...