Selenis acquires Polisan Hellas copolyester assets for Portugal plant
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