What Plasbel Plásticos does

Plasbel Plásticos, S.A.U. (trading as Walki Plasbel) is a Spanish packaging manufacturer based in Alcantarilla, Murcia, specializing in polyethylene (PE) film extrusion and sustainable packaging. Founded as a family business in April 1998 (with legal registration dated November 14, 1997), the company produces flexible packaging films for food and hygiene applications, recycled-content and compostable/biodegradable bags, and technical/industrial films. It serves major retail and distribution chains, public and private entities, and industrial customers primarily through direct B2B sales, supported by a customer portal (b2b.plasbel.com). The company operates 30,000+ m² of facilities across an extrusion plant, printing plant, assembly, laboratory, and its own recycling plant, employing 251-500 people.

The core technology centers on PE film extrusion, including proprietary Lamibel MDO-PE (Machine Direction Oriented Polyethylene) monomaterial film developed in collaboration with Dow for recyclable packaging compatible with EU PPWR requirements, and mechanical plastic recycling at its Alcantarilla plant (17,936 tonnes of recycled material produced in 2020, a 46% year-over-year increase). Product lines include Lamibel flexible films (MDO-PE, Recycled, Laminate), the Re-Plastics line (Belsack recycled waste bags with Blue Angel eco-label, reusable handle and PP-woven bags), and compostable/biodegradable products certified to EN 13432 with OK COMPOST HOME and INDUSTRIAL seals. The vertically integrated model spans raw material to finished product, and manufacturing has run on 100% renewable wind-powered energy since 2019.

Revenue is generated through unit-priced, custom B2B contracts (often multi-year) based on volume and specifications; pricing is not publicly disclosed. The company holds an extensive certification stack (BRC/IOP, ISO 9001/14001/45001, EuCertPlast, UNE 53930, FSC, SMETA, AENOR carbon footprint) that supports its positioning in regulated food-contact and sustainable packaging. On April 28, 2021, Plasbel was acquired by Finland-based Walki Group and became one of the group's main production plants within its Consumer Packaging and Industrial Packaging divisions; Walki Group operates in twelve countries across Europe and Asia.

Name

Plasbel Plásticos

Legal name

Plasbel Plásticos, S.A.U.

Website

https://plasbel.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

Spanish manufacturer of polyethylene film and sustainable packaging—flexible food/hygiene films, recycled-content and compostable bags—serving major retail chains, public entities, and industrial customers via direct B2B sales. Now operates as Walki Plasbel under Finland's Walki Group.

Ownership category

akta.pro rank

Product category

Flexible Plastic Packaging

NAICS

Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), Plastics Bag and Pouch Manufacturing (326111), Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611)

SIC

Unsupported Plastics Film & Sheet (3081), Plastics, Foil & Coated Paper Bags (2673), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

akta.pro secondary industries

Recycled-Content Plastic Packaging (rPET, rHDPE, rPP) (IMALAMAC), Compostable & Bio-Based Flexible Packaging (PLA, PHA, Cellulose Films) (IMALABAO), Mono-Material & Recyclability-Designed Packaging (Design-for-Recycling, Barrier Alternatives) (IMALAMAD), Recyclable/Mono-Material Flexible Packaging (PE/PP-Based, Compatibilized Structures) (IMALABAN), Flexible Plastic Packaging (Bags, Pouches, Sachets) Manufacturing (IMANAEAC), Packaging Waste Sorting & Recycling Technologies (Mechanical/Chemical Recycling, Sorting Systems) (IMALAMAL), Biodegradable Polymers & Resins (PLA, PHA, PBS, PBAT) (IMAEAOAA)

Keywords

• Flexible plastic packaging
• Polyethylene film products
• Recycled content bags
• Compostable waste bags
• Retail packaging solutions

Headquarters

HQ city

Alcantarilla

HQ country

Spain

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flexible Packaging Films: Manufacture and sale of specialized PE film products including Lamibel MDO-PE, Lamibel Recycled, and Lamibel Laminate for food and hygiene packaging applications. Revenue generated through direct B2B sales to major retail chains and industrial customers.
2. Sustainable Consumer Products: Production and sale of reusable and sustainable bags including Re-Plastics products (waste bags with recycled material, reusable handle bags, PP woven bags) and compostable biodegradable bags. Sold primarily to retail chains and end consumers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Plasbel Plásticos manufactures polyethylene film-based flexible packaging products, including machine-direction-oriented films (MDO-PE), recycled-content films, laminate films, self-closing waste bags, and compostable biodegradable bags. The company runs a vertically integrated production process on a single 30,000+ m² site, with its own plastic recycling operation feeding the recycled-content product lines. Customers are retail chains, public-sector waste management entities, and industrial buyers across European markets.

Product overview

Walki Plasbel operates as a polyethylene (PE) film extrusion manufacturer with three main product lines: Flexible Packaging (encompassing Lamibel MDO-PE, Lamibel Recycled, and Lamibel Laminate sub-brands for food and industrial packaging), Re-Plastics (featuring sustainable waste bags, handle bags, and reusable PP woven bags made from recycled materials including Belsack Recycled with Blue Angel certification), and Compostable Biodegradable products (including Belsack Bio, compostable waste bags, market bags, and shopping bags certified to EN 13432 standard). The portfolio also includes specialized products like Belsack Elastic with self-closing mechanism and Fiesta Polar isothermal bags. The company positions itself as a sustainable packaging solutions provider focused on circular economy principles.

Differentiator

Problem solved

Functional benefit

Brands

• Lamibel MDO-PE: MDO-PE flexible packaging film for food applications, designed to be recyclable and compliant with PPWR requirements.
• Lamibel Recycled
• Lamibel Laminate
• Belsack Elastic
• Belsack Recycled
• Belsack Bio
• Re-Plastics
• Fiesta Polar

Products and services

• Lamibel MDO-PE Machine-direction-oriented polyethylene (MDO-PE) flexible film sold as part of the Lamibel family, used by retail chains and industrial buyers for carrier bags and flexible packaging applications.
• Lamibel Recycled Recycled-content flexible polyethylene film within the Lamibel family, supplied to retail and industrial customers looking for certified recycled-content flexible packaging.
• Lamibel Laminate Laminated multi-layer polyethylene film within the Lamibel family, intended for industrial flexible packaging applications.
• Belsack Elastic Self-closing elastic bag within the Belsack family, designed for source-separation and waste-collection programs run by municipalities and public-sector customers.
• Belsack Bio Compostable biodegradable bag in the Belsack family, supplied to public-sector waste management customers for organic-waste collection programs.
• Belsack Recycled Recycled-content bag in the Belsack family, certified against Blue Angel, sold to retail and public-sector buyers seeking certified recycled-content waste bags.
• Re-Plastics Plasbel's recycled-content flexible packaging line, fed by the company's in-house mechanical recycling operation and used by retail and industrial buyers requiring certified recycled-content materials.
• Compostable Biodegradable Compostable biodegradable product line of films and bags supplied to retail, public-sector, and industrial customers for organic-waste collection and sustainability-oriented applications.
• Flexible Packaging General flexible packaging family encompassing the company's polyethylene films and bags across virgin, recycled, and compostable grades for retail and industrial customers.
• Fiesta Polar Isothermal bag made from PP-woven fabric, designed to maintain chilled or frozen product temperatures during transport by retail chains and grocery customers.
• Type III Reusable Bags Type III reusable bag range in the Belsack family, sold to public-sector waste management customers and retail chains for reusable bag programs.

Quantifiable outcome

• 611.23 tonnes CO2 emissions reduced per year through energy efficiency measures
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• DowcoreStrategic or Co-development Partner · 23 June 2026Walki and Dow developed an innovative monomaterial MDO-PE packaging solution with premium matte finish for food applications. Designed to be recyclable and compatible with PPWR requirements, it combines high performance, excellent processability, and attractive point-of-sale presentation. The collaboration demonstrates how innovation drives sustainable packaging.
• Cluster de Innovación en Envase y EmbalajecoreStrategic or Co-development Partner · 3 October 2024Walki Plasbel participated in the VI Congreso de Packaging y Economía Circular organized by the Cluster. Director of Sourcing & R&D Diego Mendoza contributed to a debate panel on recycling alongside experts from Repsol, Trans Sabater, and Guzman Polymers, discussing chemical recycling, ecodesign, and the future of sustainable packaging.
• ECOEMBEScoreOthersMember of the Integrated Management System (SIG) ECOEMBES, participating in Spain's integrated packaging waste management system.
• Operation Clean Sweep (OCS)minorOthersMember since 2018 of the global plastics industry initiative to reduce potential leakage of pellets into the environment. Implemented best practices for handling and use of plastic pellets in processes and management.
• Walki GroupcoreOthersWalki Group is an international group based in Finland with three main business areas: Consumer Packaging, Industrial Packaging, and Engineered Materials. The group has operations in twelve countries in Europe and Asia. Walki Plasbel became part of Walki Group on April 28, 2021, becoming one of the main production plants of the group.

Scale indicators7 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• Sealed Air: Global packaging company known for Cryovac food packaging and Bubble Wrap, with growing focus on sustainable and recyclable flexible films. Overlaps Plasbel in food flexible packaging and protective/recyclable film technologies.
• Amcor: Global flexible and rigid packaging leader with massive scale in PE films, laminates, and sustainable packaging solutions serving food, hygiene, and personal care markets. Overlaps Plasbel in flexible films and recycled-content packaging, but at far greater scale and geographic reach.
• Berry Global (now Amcor): Following the Amcor–Berry merger, the combined group is one of the largest global flexible-packaging converters. Pre-merger Berry Global competed directly with Plasbel in European PE-based films, recycled-content bags, and food packaging.
• Mondi: European-headquartered paper and flexible packaging group producing corrugated, kraft paper, and PE-based flexible packaging including sustainable bags. Comparable to Plasbel in retail-bag and food-packaging segments, especially under Mondi's sustainable consumer-packaging portfolio.
• Sappi Europe: European paper and packaging group producing functional papers and flexible packaging substrates for food and consumer goods. Adjacent to Plasbel's laminated and food-packaging offerings, particularly as sustainability-focused substitutes compete with PE films.

Direct peers

• Walki Group: Plasbel's parent company; a Finnish flexible-packaging and engineered-materials group with operations in 12 countries across Consumer Packaging, Industrial Packaging, and Engineered Materials. Plasbel is one of its main production plants, so Walki Group's product portfolio (laminates, barrier films, insulation materials) directly overlaps Plasbel's flexible-packaging and industrial-film lines.
• Constantia Flexibles: Austrian-headquartered European flexible packaging converter serving food, pharma, and consumer-goods customers with PE/PP-based films and laminates. Highly comparable to Plasbel's Lamibel MDO-PE, Lamibel Laminate, and food-packaging focus.
• Huhtamäki: Finnish-headquartered global flexible and rigid packaging manufacturer with a strong European footprint in foodservice, retail bags, and PE-based flexible packaging. Directly comparable to Plasbel in product mix (PE films, sustainable bags, food packaging) and customer base (retail chains, food brands).
• Coveris: European flexible packaging converter producing films, laminates, and bags for food, retail, and industrial customers with a strong sustainability agenda (recyclable and recycled-content films). Direct competitor in EU retail flexible-packaging and bag supply.

Regional players

• Flexipol (Klockner Pentaplast): European film producer supplying PE-based and laminated films for food, industrial, and consumer packaging. Comparable product portfolio to Plasbel's flexible packaging films and laminates, focused on European markets.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/plasbel-plasticos

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plasbel Plásticos