Lithuania, May 28 -- The European Bank for Reconstruction and Development (EBRD) is boosting foreign direct investment (FDI) and sustainable plastic production in Lithuania by supporting the international expansion of Portugal's IMG Group, a global leader in the polymers industry since 1959 and pioneers in polyethylene terephthalate (PET) Film extrusion.The Bank is lending €25 million to Evertis - a subsidiary of IMG Group - to finance the construction of a state-of-the-art facility producing plastic film in the Klaipeda Free Economic Zone.The new facility will produce polyethylene terephthalate (PET) film with up to 50 per cent recycled content - double the European Union's minimum requirement of 25 per cent - while ensuring that its...