Selenis has acquired the production assets of Greece's Polisan Hellas, to be installed at its Portugal site. The deal adds continuous polymerisation capacity to Selenis' existing batch-based manufacturing base and will lift its total specialty copolyester capacity to more than 200,000 tonnes a year by 2028 across Portugal, Italy, Tunisia and the United States.
Why this mattersAdding continuous-line capacity gives Selenis a lower-cost route into high-volume shrink sleeve and film grades, competing more directly with larger resin suppliers.
- Selenis acquired the production assets of Polisan Hellas in Greece.
- The assets will be installed at Selenis' plant in Portugal.
- Total installed specialty copolyester capacity is set to exceed 200,000 metric tonnes a year by 2028.
- Selenis' manufacturing footprint spans Portugal, Italy, Tunisia and the United States.
- The deal adds continuous polymerisation technology alongside Selenis' existing batch production.
- Priority markets named are shrink sleeves/film, healthcare (Selcare), 3D printing (Mimesis) and textile-to-textile recycling (Texnascis).
- Financing for the Polisan Hellas asset acquisition was fully secured by parent IMG Group
- Selenis is evaluating a new bio-based materials investment in Germany
- Selenis is evaluating a textile-to-textile recycling investment in Tunisia using DMT technology
Evertis has commissioned a new COEX CAST film line at its Pesquería, Mexico site, adding more than 9,600 tonnes of ultra-thin flexible film capacity and taking the plant beyond 44,000 tonnes. The move extends the rigid-packaging specialist into flexible films for North American food and brand-owner customers, alongside a separate $100m plant under construction in Columbia, South Carolina, due onstream in the first quarter of 2028.
Why this mattersEntry into flexibles by a rigid-PET specialist adds capacity to an already crowded segment and tests whether Evertis can meet converters' speed and consistency requirements.
- New COEX CAST line commissioned at Evertis's Pesquería, Nuevo León site in Mexico
- Line adds more than 9,600 tonnes of ultra-thin flexible film capacity
- Mexican plant's total capacity now exceeds 44,000 tonnes
- Six-extruder configuration produces structures of up to eight layers
- Evertis is building a $100 million plant in Columbia, South Carolina, targeted for operation in Q1 2028 with first commercial sales in Q2 2028
- Evertis has operated in polymers since 1959, specialising in barrier films for food and pharmaceutical packaging
IMG Group has launched the Everbio Innovation Hub in Portugal, backed by EUR 15m (USD 17.1m) in financing from C2 Capital Partners. The hub brings together group units Evertis, Selenis, Renascis and Renewis to develop circular and bio-based polymer technologies, including a solvent-free delamination process for recovering PET from multilayer plastic waste.
Why this mattersA working solvent-free route to recycled-content PET from multilayer waste could unlock compliance options for packaging currently deemed unrecyclable.
- C2 Capital Partners provided EUR 15m (USD 17.1m) in financing for the Everbio Innovation Hub
- The hub is located in Portugal and combines IMG Group units Evertis, Selenis, Renascis and Renewis
- Key technology is the solvent-free perPETuity delamination process, targeting virgin-quality PET recovery from complex multilayer plastic waste
- The hub aims to commercialise next-generation recycled and bio-based polymer materials
