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 M&G is a family-owned company headquartered in Tortona, Italy, founded in 1953 by Vittorio Ghisolfi. It originally manufactured packaging for detergents and toiletries, mainly from HDPE and PVC.
Vittorio Ghisolfi, president of the M&G Group;
with his two sons Marco and Guido.
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This first phase of the Group's growth continued for around 30 years and offered customers a full range of services including bottle blowing machine design and construction, bottle making and filling operations. It is from this period that much of the Group's core competences in engineering were established.
In 1983 the Group entered a new phase of expansion and embarked on establishing chemical manufacturing operations. Through the integration of the new capabilities in specialty resin manufacture and the traditional competences in engineering and bottle design, the Group was able to provide customers with tailored solutions to meet ever increasing demands on the packaging of beverages and foodstuffs. This period included joint ventures first with Shell in the manufacture of PET resin (SIPET) and then with Pepsi-Cola (ItalPET). |
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In March 2008 the group has sold its PET pre-forms business to Plastipak Packaging inc.
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In February 2007 the Group has inaugurated the world’s largest PET plant near the town of Ipojuca which is in the State of Pernambuco, North Eastern Brazil. The new plant has a capacity of 450kt/year (approximately 990 million lbs/year).
- NEWS - Link to page Suape -
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The group purchased Chemtex International Inc. from Mitsubishi Corporation, acquiring all its engineering, project implementation and business assets. As a result M&G Group joined in the business of engineering, procurement and construction management in the fields of polyester (fibers and polymers), refining, petrochemicals and specialty chemicals, extending it’s presence to China and India.
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With the inauguration of the new plant in Mexico, the group became the world’s second largest producer of PET resin.
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The Group purchased the totality of the shares that Rhodia owned in its Brazilian controlled Rhodia-ster. Consequently it extended its presence to Brazil and South America, where it was already positioned as a regional leader.
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The acquisition of Shell's PET business moves the M&G Group into a third phase of expansion and sees it become a major participant in resin manufacturing with assets in Italy, UK, USA and Mexico.
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GROUP HISTORY 
2008
