Vizelpas

Vizelpas invests EUR 30m in new flexible film plant in Portugal

Portuguese flexible plastics packaging maker Vizelpas is investing EUR 30m (USD 34m) in a new factory in Felgueiras, near its base in Santo Tirso. The company, which makes flexible plastic films for food products and surgical medical material, expects revenue to rise from EUR 75m (USD 84m) to EUR 100m (USD 112m) within two years.

Why this mattersA mid-sized converter commits sizeable capital to new flexible-film capacity, a sign of continued investment in food and medical film packaging in southern Europe.

• Vizelpas is investing EUR 30m (USD 34m) in a new factory in Felgueiras, Portugal.
• The company makes flexible plastic films for food products and surgical medical material.
• Vizelpas is based in Santo Tirso, Portugal, and was started 30 years ago by Modesto Araújo.
• The company targets revenue growth from EUR 75m (USD 84m) to EUR 100m (USD 112m) within two years.

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