FORPET BALTIC SIA
https://forpet.pro/
Location
- Address:
- Ventspils Augsto tehnoloģiju parks 6
- City:
- Ventspils
- Country:
- Latvia
Contact
Industry
- Waste collection, treatment and disposal activities; materials recovery
- Manufacture of plastic products
About
FORPET BALTIC SIA is an environmentally friendly food packaging company that started its project in Ventspils in May 2021. The company's main products will be coffee cups, lids and other food packaging made mainly from recycled PET. PET can be recycled an infinite number of times using a patented Austrian technology called New Generations Recycling. This technology is at the heart of the Forpet Baltic project. The name of the Forpet project itself hides a key characteristic of the material of the future - Foamed Recycled PET.
According to the company, the new production in Ventspils will be environmentally friendly and there will be no harmful emissions in the process. As for the material that will be produced here, it is also ecologically clean and harmless.
The company has already signed an agreement for the use of the production building No 6 in the Ventspils High Technology Park (VATP). The building covers an area of 6400 m2. With an investment of more than EUR 14 million, Forpet Baltic is currently the largest investment project in Ventspils, and its development plans do not stop there. The investors plan to invest a total of EUR 34.4 million in the plant over four years.