NECK-LITE

The Mint-Tec® and Neck-Lite® approach follows the "lightweighting" trend while not reducing the product quality in any way. Thanks to the Mint-Tec® and Neck-Lite® technologies, average weight reductions of 3-7% are possible for PET beverage container, depending on the individual application of our technology. At present nearly 500 billion PET bottles are produced worldwide per year. With an average weight of 19.5 grams per bottle and an average reduction of 4% achieved thanks to the Mint-Tec® technology, about 400,000 tons PET - resin could be saved. Every single year => not polluting the environment, not being processed therefore not consuming further 400,000,000 kWh. Taking into account the actual growth of PET bottle production - we are looking at a CAGR (Compound Annual Growth Rate) of 4% - these numbers will even grow year after year. We are entering the market mainly through bottling companies as they draw the biggest economic benefit from using our technology. Next we will also..

Primary location: Glarus Switzerland