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Turkey

Turkish plastic materials supplier Plaspak Kimya sets up unit in Switzerland

Dec 29, 2014, 12:28:33 PMArticle by Yurkie Ali
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ISTANBUL (Turkey), December 29 (SeeNews) – Turkey’s Plaspak Kimya Sanayi ve Ticaret [BIST:PLASP], a supplier of plastics, polymers and equipment for the plastics, packaging and chemical industries, said on Monday it has established a wholly-owned unit in Switzerland.

Turkish plastic materials supplier Plaspak Kimya sets up unit in Switzerland

Plaschem Trading SA will start operating in 2015 and is expected to generate $25 million (21 million euro) revenue in its first year, Plaspak Kimya said in a bourse filing.

The entity was registered with a capital of 100,000 Swiss francs.

($ = 0.820 euro)

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