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Home to pakPET™ Single Pellet Solution, the center builds on Plastipak’s global network of five recycling facilities

October 14, 2026 – PLYMOUTH, Mich. – Plastipak Packaging, Inc., a global leader in packaging and recycling solutions, announced the opening of its PET Material Center in Verbania, Italy. The center manufactures pakPET™ Single Pellet Solution, a PET resin with 30% recycled content designed to help customers maintain packaging quality, consistency and manufacturing efficiency.

Italian government officials and Ed Morgan, Plastipak CEO, attended the October 14 opening ceremony. Plastipak invested more than €25 million in the PET Material Center, reinforcing its commitment to material innovation and circular economy solutions.

With five recycling facilities globally and the PET Material Center in Verbania, Plastipak continues to invest in infrastructure that helps recover valuable materials and keep them in use. The center builds on the company’s expertise across recycling, resin production, preforms and packaging manufacturing, giving customers practical solutions to advance their packaging goals.

pakPET™ Single Pellet Solution combines virgin PET performance with built-in recycled content in a single, ready-to-use resin. Its single-pellet formulation simplifies processing and supports consistent packaging performance, helping customers integrate recycled content into existing PET operations.

“Customers need solutions that make recycled content easier to incorporate while delivering the quality and reliability their operations depend on,” said Pedro Martins, Executive Managing Director, Europe. “Our PET Material Center in Verbania brings together Plastipak’s materials expertise and manufacturing capabilities to help customers move their packaging goals forward.”

pakPET™ Single Pellet Solution offers:

  • 30% recycled content built into a single pellet.
  • Consistent packaging performance with drop-in compatibility for existing PET operations.
  • Simplified processing and qualification to support manufacturing efficiency.
  • Food-contact approval for applicable packaging applications.
  • Certified post-consumer feedstock traceability through EN15343 certification.

The resin is suitable for a range of applications, including food and beverage containers, home and personal care packaging, pharmaceutical packaging and thermoforming.

The PET Material Center strengthens Plastipak’s ability to connect recycling expertise with material innovation. By developing ready-to-use resin solutions, Plastipak helps customers make informed packaging decisions and supports a circular economy where materials are recovered and used again.

About Plastipak Packaging, Inc.

Plastipak Packaging, Inc., a wholly-owned subsidiary of Plastipak Holdings, Inc., is a world leader in the design and manufacture of high-quality, rigid plastic containers for the food, beverage, and consumer products industries. Plastipak is also a leading recycler of rigid plastic packaging, producing food-grade post-consumer recycled resin for inclusion in new packaging. Plastipak operates more than 40 sites in the United States, South America and Europe, with a total of over 6,500 employees. Its customers include some of the world’s most respected and recognized consumer brands. Plastipak is also a leading innovator in the packaging industry, holding more than 420 United States patents for its state-of-the-art package designs and manufacturing processes. In addition, Plastipak licenses various packaging technologies around the world. Plastipak was founded in 1967 and is headquartered in Plymouth, Michigan. Additional information about Plastipak can be found at www.plastipak.com.

Statements in this press release concerning Plastipak’s intentions, expectations or predictions about future results or events are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management’s current expectations or beliefs, and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Forward-looking statements speak only as of the time made, and the Company assumes no obligation to publicly update any such statements.