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polimoon secures increased volumes in Stjørdal, Norway


23 May 2006

Polimoon has signed a three year contract for delivery of yoghurt and sour cream trays to TINE BA. The contract will generate annual sales of approx. 28mNOK and will come into effect from June 2006. The products are to be produced at Polimoon’s factory in Stjørdal

The contract is in addition to existing agreements with TINE BA.
This contract together with a recent contract nominated by Lerum will help secure the position of the Polimoon Stjørdal factory. Over the last years Polimoon has invested heavily to develop Stjørdal to a centre of injection moulded and thermo-formed consumer packaging.

Polimoon has committed investments for both contracts. To TINE Polimoon will invest in equipment to produce thermo-formed closures. This will allow Polimoon to supply a complete system from foil to highly decorated products.

In the contract with Lerum Polimoon has committed to exetend current investments in mould labelling equipment.


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