ALPLA set to invest â¬5 million in production of rPET packaging
4 February 2021
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The ALPLA Group is investing more than â¬5 million in an extrusion system for food-grade recycled PET (rPET) made of used PET bottles at its site in Anagni, Italy.
The site is home to one of the groupâs most important preform production plants. The plant, which currently has a workforce of 91, processes around 50,000 tonnes of PET a year, of which currently only a very small proportion is recycled material.
To this end, ALPLA is installing an extrusion system for 15,000 tonnes of rPET a year at the existing business premises, which is scheduled to go into operation in the second half of 2021. Ten new jobs will also be created.
2021-02-03T12:55:00+00:00
BNP Paribas Real Estate Investment Management (REIM), on behalf of its Eurozone Logistics Fund (ELF), has bought two fully-let logistic warehouses in Italy from Prologis.
The manager said it has added a 30,750sqm warehouse in Anagni and a 27,300sqm warehouse in Brembate to ELF’s portfolio.
Jean-Maxime Jouis, the global head of fund management at BNP Paribas REIM, said: “These two acquisitions help strengthen the European diversification of the fund, which is now composed of 12 new logistic platforms located in prime logistic areas. In addition, these assets are fully let to quality tenants.”
Vincenzo Nocerino, CIO of BNP Paribas REIM Italy, said: “With these transactions, we have secured to ELF two properties of great value and return, expanding its exposure to the Italian logistic, which represents a strategic asset class for BNP Paribas REIM.”