(PlastEurope) -- At an investment cost of about EUR 8m, Serioplast (Dalmine / Italy) is planning to build a new facility for plastic containers in Poland's soecial economic zone in Lodz. The zone's administration reports that the new 4.5 ha site in Kutno will create at least 66 new jobs. Come 2017, subsidiary Serioplast Poland is scheduled to begin producing HDPE, PET, PP and PVC bottles and containers earmarked for the pharmaceutical, cosmetics and food industries. Serioplast operates 10 plants in Italy and the new site brings to seven its production units in other European countries.
Perspectives of development of the polymers markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit is organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.