UAB NEO GROUP logo — A leading PET manufacturer for the packaging industry and a...

UAB NEO GROUP

A leading PET manufacturer for the packaging industry and a fast-growing polyol producer with a strong European network

Founded 2004 Lithuania Lithuania 47 employees Logistics, Manufacturing

General Information

Company Name UAB NEO GROUP
Founded Year 2004
Location Lithuania Lithuania
Employees 47
Industries Logistics, Manufacturing
Social

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About UAB NEO GROUP

UAB NEO GROUP

Slogan: A leading PET manufacturer for the packaging industry and a fast-growing polyol producer with a strong European network

Description: UAB "NEO GROUP" is one of the biggest manufacturers of polyethylene terephthalate (PET) granules in Europe, located in Lithuania near the Klaipeda port. Over 480 thousand tons of production are manufactured and sold during a year. PET is the most ecological and popular material for the packages of drinks and other products and has unique physical features: transparency, strength, lightweight; widely used for recycling. Founded in Lithuania in 2004, UAB "NEO GROUP" is serving nearly 300 packaging companies across over 30 countries. Our clients are the biggest manufacturers of soft drinks, mineral water, beer, domestic chemicals as well as European manufacturers of plastic packages. We produce and deliver to them the highest quality PET material, having the trade name of NEOPET. UAB "NEO GROUP" started a new activity and expanded into the chemical recycling of PET waste in 2011 in order to provide a complete, responsible service to its clients, with NEOPOLYOL popular in the construction industry. Aromatic Polyester Polyols are used in rigid polyisocyanurate and polyurethane foams. The annual capacity of the new factory is 9 thousand tons of polyol, having the trade name of NEOPOLYOL. In constantly improving, learning and communicating with the manufacturers of advanced technologies and equipment, we create and implement innovations enabling improvements in the utilization of resources and efficiency. This allows us to react to market changes rapidly as well as creating new products and proposing the best solutions to our partners. Due to strategically favourable plant location, the company serves customers throughout the European Union as well as CIS countries, and provides the most cost efficient and flexible logistical solutions.

Industries: Logistics, Manufacturing

Business keywords: PET manufacturing, Polyol production, Chemical recycling, Packaging industry, European network, Logistics solutions, Innovation, Product development, Resource utilization, Sourcing strategy, Vendor selection, Due diligence, Managed governance services

No funding data available for UAB NEO GROUP yet.

UAB NEO GROUP Alternatives & Competitors

UAB NEO GROUP vs
ITD Ltd
ITD Ltd Bulgaria

ITD specialize in production of PET and PEHD packaging, moulds and PET recycling for more than 30 ye...

22 employees
Industrial, Logistics
UAB NEO GROUP vs

Consistently Successful.

579 employees
Logistics, Manufacturing
UAB NEO GROUP vs

Reliability and experience since 1945

53 employees
Design, Logistics

FAQ About UAB NEO GROUP

A leading PET manufacturer for the packaging industry and a fast-growing polyol producer with a strong European network
UAB NEO GROUP was founded in 2004.
UAB NEO GROUP is headquartered in Lithuania.
UAB NEO GROUP operates in Logistics and Manufacturing. Its work centres on PET manufacturing, Polyol production, Chemical recycling and Packaging industry.
UAB NEO GROUP has approximately 47 employees.
Top alternatives and competitors to UAB NEO GROUP include ITD Ltd, Progroup AG, BORTOLIN KEMO S.p.A., MANPAK , Oji Fibre Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
UAB NEO GROUP and ITD Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for UAB NEO GROUP, https://bouncewatch.com/company/uab-neo-group, updated 18 November 2024. When citing, please name BounceWatch and link this page.

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