With this investment, apart from PETG shrink-films, Bilcare will also be manufacturing PETG films for the medical device market. This step will not only extend Bilcare’s product portfolio but will also expand and strengthen the company’s global presence in the pharmaceutical and medical device market.
The Company will be investing over €10 Mio. and this will also generate new jobs at Bilcare.
Vineet Mehrotra, CEO of Bilcare Research AG said, “This investment will not only help us service the growth requirement of our existing shrink-film customers but also help us expand our product portfolio with PETG films for the medical device market and drive our global growth strategy forward.”