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NEO GROUP

About

NEO GROUP is one of Europe's largest PET resin manufacturers, operating an ultra-modern facility in Klaipėda, Lithuania. Our plant serves nearly 300 packaging companies across more than 30 countries, producing over 480,000 tonnes annually - about 12% of Europe's total PET production. We specialize in manufacturing NEOPET resins for food, beverage, and other packaging, alongside NEOPOLYOL products used primarily in construction and other polyurethane applications.

Sustainability drives everything we do. We developed and patented a chemical recycling technology that allows us to produce PET resins with up to 30% recycled content without compromising quality. Our journey includes significant milestones: starting in 2004 as Lithuania's largest greenfield investment, expanding into polyol production in 2011, and continuously investing in renewable energy including multiple solar power plants. We're proud to have earned a Silver rating from EcoVadis in 2025, placing us in the top 15% of suppliers worldwide. Being part of the RETAL Industries Ltd. group, we combine innovation with environmental responsibility to deliver intelligent choices for today and tomorrow.

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