M&G to launch next generation PET and PTA plants in the U.S.

The M&G Group, the largest producer of PET for packaging applications in the Americas and the technological leader in that market, announced today that it will build a next generation technology PET plant in the United States, co-located and fully integrated with a new PTA plant at the same site. Approximately 250 jobs will be created at the plants, with an additional 700 indirect positions and 3,000 jobs during construction.