JSC „NEO GROUP“ is one of the biggest manufacturers of polyethylene terephthalate (PET) granules in Europe, located in Lithuania near the Klaipeda port. Over 308 thousand tons, which compose 12 per cent of the European production, are manufactured and sold during a year.
In 2011, NEO GROUP starts new activity – chemical recycling of industrial PET waste into Aromatic Polyester Polyols. The annual capacity of the new polyol factory is 4,500 tons.
The new product – NEOPOLYOL – is the main raw material for Polyurethane (PU) and Polyisocynaurate (PIR) thermal insulation foams.
Due to the strategically favourable plant location, the company services the customers throughout the European Union as well as CIS countries and provides the most cost efficient and flexible logistical solutions.
JSC „NEO GROUP” is a member of multinational packaging company – RETAL GROUP, that produces PET preforms, films, HDPE closures, and PET raw material for plastic packaging. The major RETAL GROUP company's clients are international and local producers of non-alcoholic beverages (soft drinks, juice, carbonated drinks, milk) and beer. The companies of RETAL GROUP have their factories based in the European Union, Russia, Ukraine, Kazakhstan, and Georgia.
In order to ensure the company's competitiveness and to meet the needs of growing market, we pay a lot of attention to the latest technologies and constantly improve the processes of production. The company uses modern methods of business, quality and production management (Lean, GMP, S5, ISO). Constantly improving, learning and communicating with the manufacturers of advanced technologies and equipment, we create and implement innovations enabling to improve resources utilization and efficiency. This allows us to react to the market changes rapidly as well as create new products and propose the best solutions to our partners.
In accordance with the strict principles of business ethics and internal values of the company, NEO GROUP maintains honest and transparent relations with both customers and suppliers. An exceptional attention is paid to environmental protection and work safety; the highest standards are implemented and maintained in these areas.